In re Amway Corp.
https://en.wikipedia.org/wiki/In_re_Amway_Corp.
not really much on details.
Most of these outfits are Multi Level Marketing.
Herbalife has been a convenient punching bag over the years.
Ackerman shorted this stock by a billion then went on TV and hammered the company practices. Stock dropped, Ackerman had made 300 million but didn’t close the short position.
He supposedly lost 500 million overall.
Now he’s under investigation.