Hedge fund manager wants Herbalife to account for it’s victims.
Bill Ackman is not backing down on his Herbalife fight — no matter how bruising the battle gets.
“I will go to the ends of the earth to shut this company down,” he said.
Ackman launched another take down of the controversial nutrition products company Friday at the Robin Hood Investors Conference, where he reiterated his belief that Herbalife is a pyramid scheme.
“There’s too much about Wall Street and not enough about the victims,” Ackman told The Post after his talk Friday morning.
Herbalife is accused of targeting low-income immigrants for their business, many who claim they haven’t made a dime. These people are not in a position to defend themselves. Ackman has over 200 accounts.
We had an earlier story about Ackman’s crusade against Herbalife which has detractors for decades clearly establishing that their premise of the products are not good nutrition, and do not do anything worthwhile for diet and health.
Tip: Nathan Miller