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Herbalife Ltd. Message Board

  • hlf.ackman hlf.ackman Jan 28, 2013 5:39 PM Flag

    Today's FTC filing - Unlike FHTM, HLF does have their own products, R&D, and manufacturing (read..)

    60. To support its earnings claims, FRTM represents to recruits that it has "special
    relationships" with various "partner" companies such as Dish Network, Frontpoint Rome
    Security, Xoom Energy, Taxbot, DuPont, and various cellular telephone providers.
    61. In reality, FRTM is not a partner with any of these companies. Rather, FRTM is
    a third-party independent contractor or "affiliate" authorized to sell products or services on
    behalf of these companies. Moreover, FRTM is not able to offer its customers prices for these
    products or services that are any lower than the prices otherwise available in the marketplace.

    Sentiment: Hold

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