Pyramid power: Herbalife’s questionable business practices… – The Verge

Pyramid power: Herbalife's questionable business practices…
The Verge
On December 22, 2012, hedge fund manager Bill Ackman gave a three-hour presentation outlining why he believed Herbalife — a 33-year-old, multibillion-dollar, publicly traded nutritional supplement company — was actually an illegal pyramid scheme.

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