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Re: Herbalife
Originally Posted by
NikSam
So, the shareholder's lawsuit against Herbalife was killed.
Supplement company Herbalife sees pyramid-scheme suit tossed
Stock went up, Headlines (most incorrectly sound as total victory) made a lot of people happy, and some even said that US prosecution of HLF is over.
Dumb, it was just a single lawsuit of several
shareholders, judge threw it out and said HLF is not yet ruled as a pyramid and they have no grounds to demand compensation of stock price losses.
I hope the FTC shuts down this decades old scam.
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