did anyone else see cnbc flash on the crawl that SEC was requesting papers on HLF business practices? Then i DON'T see any other mention of it anywhere. That news should tank the stock if true. Is CNBC just making it up as they go along?
10-K states "From time to time, we receive inquiries from various government authorities requesting information from the Company. Following December 2012 market events and a subsequent meeting we requested with the staff of the SEC’s Division of Enforcement, the staff requested information regarding the Company’s business and financial operations. Consistent with its policies, the Company is and will fully corporate with these inquiries." This is the company's description in their SEC filing so it may have a spin to it but if accurate it doesn't sound ominous as the headline would suggest.