Regulators have real fish to fry...HLF is not on their radar
HLF has been in voluntary communication with them for several years now, making some minor changes and HLF doesn't have to show them the changes, they simply want them to know how hard they work to make HLF a good company.
Shorts have to try and make it look like the FTC is clueless and now Ackman has showed them the light after 34 years of HLF operating with FTC approval since the HLF marketing plan is a copy of the FTC approved 1979 Supreme Court acceptance of MLMs.
Don't expect the FTC to do anything. All they have to do is examine their records and see the previous investigations about Herbalife and they will see that Herbalife is doing nothing wrong. The FTC doesn't have time for this nonsense. Who knows, maybe all the complaining by Ackman may raise a few red flags against him and perhaps the SEC will check him out. I bet he has pulled some bad deals.
Ackman knows a few folks for sure, but what he isn't thinking about is how the FTC has a quick litmus test to decide if the MLM is breaking the law and HLF passed it each and every time the FTC looked their company over. Refunds, Customers, No Front Loading and so on, unlike Fortune Hi Tec that didn't pass the test. I expect Ackman to fight but even if they do announce an investigation, all it does if give Ackman a chance to get the stock down to 30ish again and get out. He knows Carl is going to buy the company