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Traders work at the post that trades Herbalife stock on the floor of the New York Stock Exchange, January 10, 2013. Herbalife Ltd stepped up its defense against activist investor Bill Ackman on Thursday, stressing it was a "legitimate company" with a mission to improve nutrition and help public health. (BRENDAN MCDERMID/REUTERS)
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Herbalife pushes back against 'unfortunate slandering'
JACQUELINE NELSON
— The Globe and Mail
Published
Last updated
Executives, doctors and specialists climbed up to podium one by one Thursday to try to win over the investors of Herbalife International of America, Inc.
The company is a “global nutrition company” they said, and not an unsustainable pyramid scheme as activist investor Bill Ackman described it in a three-hour presentation called ‘How to be a Millionaire’ on Dec. 20.
