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Herbalife Ltd. Message Board

  • philthyesthoodlum philthyesthoodlum Feb 21, 2013 4:34 AM Flag

    SEC and FTC will shut this pyramid scheme down soon

    Looking at the CEO lie through his teeth on several interviews will provide the catalyst. I suspect sometime by end of month this comes crashing down. Longs will lose every penny and shorts will be paid down to 0. This is pure Russian roulette at it's finest but with a bullet in the chamber. Look for Icahn to sell his position and move on.

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    • Oh, this is wrong in so many ways. First of all, lying is hard to prove, and even when people do lie, it's usually not actionable. How many times have you seen a lawyer say his client is not guilty when he knows he is? Second, FTC and SEC investigations last months or years, not weeks. Third, a company not based in the US and that does only 20% of its business in the US can't be shut down by the US.

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