Does this mean Bill Ackman was right about Herbalife and Carl Icahn was wrong?
I’ve enjoyed watching Icahn humiliate Ackman over the years on this deal. Ackman finally through in the towel last year.
“According to its admissions, between 2007 and 2016, Herbalife knowingly and willfully conspired with others in a scheme to falsify its books and records and provide corrupt payments and benefits to Chinese government officials.”
WOW! I know MLM was a scam for all those that haven’t clawed their way to the top, but seriously? In cahoots with CHINA?
Anyone investigating Tupperware and Mary Kay? Avon? Yikes!