How do you spend $10mil on lawyers and get no results!
If I was their lawyer I would have done the following by now:
1) cess and desist order on Ackman's publicly defaming HLF
2) shutdown the "truth about Herbalife" website
3) Requested SEC to put HLF on regSho list
4) Counter sued Ackman and all of his investors (yes, and Soros) for lost revenue ($10 billion over 10 years).
5) Requested public statement from FTC about HLF (positive or negative)
6) Hired investigators to look into relationship with Ackman, London, KPMG, Consumer Protection, Market Makers, Short Sellers (I don't believe in coincidences - obvious collusion here!).
7) Requested a CUSIP change since naked short shares are not getting correctly identified.
8) Hired a smaller firm to handle class action lawsuit against Ackmand and all his investors for all shareholders prior to Dec 23.
Wow a thumbs down, this conversation must be too intellectual for this board - my apologies. Hmmm...only responded to by people on ignore (sorry you aren't going to get your $0.01 by me responding to you).