date:Jul 24, 2014
both presentations. He has repeatedly promised new evidence that would prove his allegations. The shares have gained 60 per cent since Ackman first revealed his short.
Market Manipulation
While Ackman is playing hardball with Herbalife, his actions arent illegal, and accusations of market manipulation would be overblown, said John Coffee, a securities law professor at Columbia University in New York.
Although his characterisations are harsh and possibly overstated, investors are fully aware