Herbalife: Ackman Says He Will ‘Expose Incredible Fraud,’ Jim Cramer Tweets Ackman Has Decided
July 21, 2014 at 15:39 PM EDT
Shares of Herbalife (HLF) have tumbled after hedge-fund manager William Ackman said he would present evidence of fraud at the nutritional supplement company. CNBC has the details (and the video of Ackman’s comments): Reuters Bill Ackman, head of hedge fund Pershing Square Capital Management, said his firm’s presentation of a Herbalife investigation will “expose incredible fraud.” “We have hundreds of [...]