Thu, Nov 27, 2014, 4:28 AM EST - U.S. Markets closed for Thanksgiving Day

Recent

% | $
Quotes you view appear here for quick access.

Herbalife Ltd. Message Board

  • singhlion2001 singhlion2001 Mar 12, 2013 4:28 PM Flag

    CARL ICAHN WILL BANGED HARD AS HE GOT TRAPPED VERY BADLY BY PONZI SCHEME MANAGAMENT

    Ackman became the bait to trap proven criminal mf thug carl icahn looting billions with derivative manipulation pump/dump scams

    now this mf will hold smking ash bags from crash and burn of an ponzi "hlf"

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • singhlion2001 • 8 hours ago 0users liked this postsusers disliked this posts0Reply
      All bashing zombie clowns here: why not challenge harsh reality facts?? Zombie bashing LION is LOL
      All bashing zombie clowns here: why not challenge harsh reality facts?? Zombie bashing LION is LOL
      Sentiment: Strong Sell

      Sentiment: Strong Sell

    • Sing Cat, you will be banged hard by Master Hackman.

    • Time to arrest this criminal mf carl icahn and put hin i jail and than grave

      Sentiment: Strong Sell

    • did Fidelity Dump their shares on MF criminal Thug Carl Icahn scam $ss?lol

      Sentiment: Strong Sell

    • changing his name to ICANT

    • Burry this mf carl icahn under herbal shake and powder forever in his grave

      get rid of this parasite looting usa 99% pensions with fraud derivative scam weapon loot

      Sentiment: Strong Sell

    • Carl Icahn is the smartest corportate raider ever. Proven track record. Best staff on Wall Street. HLF price is exactly what he wants it to be. Ackman is playing into his play. Connections a must on the street.

      Sentiment: Strong Buy

    • Filing a lawsuit doesn't mean that you will win NOR does it mean that it is accurate or with basis. It only shows how desperate the shorts are. Suing bank? Some mere short sellers??? C'mon!!!
      GOOD LUCK!!!

      Sentiment: Strong Buy

    • Reuters) - A short seller in Herbalife Ltd's (HLF.N) stock has sued officials at three major U.S. banks as well as activist investor Carl Icahn, saying they are helping perpetuate a fraudulent pyramid scheme at the nutritional products company.
      Daniel Ravicher, a New York lawyer, on Wednesday filed papers in Manhattan federal court seeking to force officers and directors at Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) to pull back $1.2 billion of financing for Herbalife.

      Sentiment: Strong Sell

    • Reuters) - A short seller in Herbalife Ltd's (HLF.N) stock has sued officials at three major U.S. banks as well as activist investor Carl Icahn, saying they are helping perpetuate a fraudulent pyramid scheme at the nutritional products company.
      Daniel Ravicher, a New York lawyer, on Wednesday filed papers in Manhattan federal court seeking to force officers and directors at Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) to pull back $1.2 billion of financing for Herbalife.

      In a separate lawsuit, he said Icahn has aided the alleged fraud by amassing a stake of nearly 16 percent in the company as part of a feud with hedge fund manager William Ackman. Ravicher is seeking to force Icahn to pay damages and divest his stake.

      "He has a revenge motive, not an investment motive," Ravicher said in a phone interview, referring to Icahn.

      More than 50 defendants were named in the lawsuits targeting Bank of America, JPMorgan and Wells Fargo, including respective chief executives Brian Moynihan, Jamie Dimon and John Stumpf.

      Ravicher said the bank defendants have breached their fiduciary duties to him, a shareholder, by failing to urge the withdrawal of the Herbalife financing. He said this exposes the banks to substantial risks of criminal and civil liability.

      Like Ackman, Ravicher has a short position in Herbalife, meaning he has bet that the company's share price will fall.

      The lawyer said he has lost more than $75,000 on his short position, which began around the time Ackman announced he was shorting the stock in December.

      Ackman has bet roughly $1 billion against Herbalife, arguing that its business model is nothing more than a "well-managed pyramid scheme.

      Icahn has supported Herbalife, calling it a good company with good management.

      Herbalife, which has corporate offices in Los Angeles, said on February 28 that it planned to add two directors chosen by Icahn, creating an 11-person board, and said Icahn may boost his stake to 25 percent.

      Bank of America spokesman Bill Halldin, JPMorgan spokeswoman Tasha Pelio and Wells Fargo spokesman Ancel Martinez declined to comment on the lawsuits. An Icahn spokeswoman had no immediate comment. Herbalife, which is not a defendant in either lawsuit, also declined to comment.

      Ravicher, 38, said he lives in Fort Lauderdale but practices law in Manhattan.

      He is also executive director of the Public Patent Foundation, and co-counsel with the American Civil Liberties Union in a lawsuit now before the U.S. Supreme Court over whether Myriad Genetics Inc (MYGN.O) may patent two genes linked to hereditary breast and ovarian cancer.

      Ravicher said he is not pursuing the Herbalife cases as a class action, but said investors with similar grievances are free to contact him.

      The cases are Ravicher v. Moynihan et al, U.S. District Court, Southern District of New York, No. 13-01665; and Ravicher v. Icahn in the same court, No. 13-01666.

      Sentiment: Strong Sell

    • View More Messages
 
HLF
43.39+1.40(+3.33%)Nov 26 4:03 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.