Herbalife Issues Statement on Today's Presentation by Bill Ackman
Herbalife (NYSE: HLF) has issued a statement on today's presentation by Bill Ackman at Sohn event:
Mr. Ackman has previously been quoted on CNBC saying be wary of companies that restrict or prevent access to their earnings calls. But when we asked to attend and participate in today's conference, he pointedly refused us access. Now we know why. Had our executives been there, they would have been able to tear Mr. Ackman's premises and interpretation of our business model apart. His misstatements and mistakes are too numerous to address immediately.
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