Herbalife Taste Test: Tastes Great or Less Filling for Formula 1 Shake?

DailyTicker

Herbalife (HLF) has been in the news a lot lately because its stock is in the the middle of a heated hedge fund battle between Bill Ackman and Carl Icahn.

Late last year, Ackman, who runs $12 billion Pershing Square Capital Management, publicly declared that he's shorting $1 billion worth of Herbalife stock.

Ackman believes that the company is a "pyramid scheme" that targets lower income individuals. As a result, he thinks regulators, specifically the Federal Trade Commission, will be persuaded to investi