HLF INVESTOR ALERT: Law Offices of Howard G. Smith Commences Investigation on Behalf of Herbalife, Ltd. Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Herbalife, Ltd. ("Herbalife" or the "Company") HLF investors concerning the Company and its officers' possible violations of federal securities laws.

On June 5, 2017 the Company announced lowered sales guidance as a result of stronger federal regulations concerning its promotional practices. And, various news sources revealed that the Company's general counsel, Mark Friedman, no longer holds the position. Mr. Friedman was the Herbalife executive involved in the Company's settlement with federal regulators where Herbalife agreed to pay $200 million to settle charges that it deceived customers.

On this news, shares of Herbalife fell over 7% per share during intraday trading on June 5, 2017.

If you purchased Herbalife securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!