I am not understanding why a film maker wanting to make a name for himself as a producer of relevant and serious documentaries would select a lukewarm, even lame topic like Herbalife? How can there be a mass audience appeal? After tex and flutie have seen it, who is going to buy the 3rd and 4th paid admissions?? The article says the hedge fund didn't finance, but that requires a suspension of disbelief that I can't manage.
The timing is also suspicious. If it is hoped for it to act indirectly to sway the opinion of the FTC, it's perfectly timed as a last ditch effort. However, being realistic there never was much of an issue to investigate, so it's just the final waiting period now. It has to be too late to try to make their paid phony complaints and crocodile tears believable now.
This has to be mega disappointing for recent Pershing Square clients. They pay huge expenses to sign up, then wait patiently through the year of their worst fund performance ever, only to be kicked in the butt today. Perhaps they will remember the company invited them all to attend a presentation that explained why their fund manager was wrong. I don't suppose many of them attended??
When a person is following a company on the market, often times both sides of the story have valid points, so it's difficult to figure how issues might resolve. However, here there was never two reasonable sides, it was reasonable discussion from the company point of view and the longs, and bizarre nonsense being flogged from the short sellers.
Network marketing has existed since 1945, it is reasonable, and a desirable alternative to high overhead brick and mortar stores. Individuals should be allowed to join a group of sellers, and they deserve to be compensated by a percentage of downline sales. It's the most fair and reasonable way to compensate for the work required outside of regular product sales. This was a long and boring wait, but it should not be seen as a difficult situation to figure out.
If the investigation was forced by politics, it could well be at the bottom of the priority list. If it takes too long it becomes meaningless as a person becomes able to ague that they had a right to have been charged in a reasonable time frame, and a judge could then throw it out. Another lesser possibility is they could just shelve it and never give any answer?