Company Website:
http://lundinlawpc.com
LOS ANGELES -- (Business Wire)
Lundin
Law PC, a shareholder rights firm, announces that it is
investigating claims against Herbalife Ltd. (“Herbalife” or the
“Company”) (NYSE: HLF) concerning possible violations of federal
securities laws.
To get more information about this investigation, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at brian@lundinlawpc.com.
On June 5, 2017, Herbalife announced that it was lowering its sales
guidance, due to new Federal Trade Commission regulations that will hurt
its sales more than expected. The Company’s stock price fell more than
6% when this news was announced, after having increased over 50%
year-to-date through Friday. News sources reported that several insiders
at Herbalife sold stocks and options in the past month, and that some
executives, including general counsel, left the Company.
Lundin Law PC was founded by Brian Lundin, a securities litigator based
in Los Angeles dedicated to upholding shareholders’ rights.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170605006049/en/
Contacts:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
Source: Lundin Law PC
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