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Herbalife Ltd. Message Board

  • getintoh20 getintoh20 Apr 11, 2014 6:52 PM Flag

    There is big difference between an inquiry & investagation.

    A federal law enforcement official in New York confirmed Friday that the FBI had opened an inquiry into Herbalife but did not know first-hand the extent of the investigation. “I can’t give any guidance on where it’s headed,” the official said.

    The official asked not to be identified because he was not authorized to speak about publicly about the investigation, which was first reported by the Financial Times.

    At the FBI, Christos Sinos, a supervisory special agent, did not deny that an inquiry was underway. Rather, he said simply, “We are not commenting.”

    http://www.latimes.com/business/money/la-fi-mo-herbalife-criminal-probe-shares-tumble-20140411,0,687262.story#ixzz2ycZHfhyf

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