BENSALEM, Pa. -- (Business Wire)
Law Offices of Howard G. Smith announces an investigation on behalf of
Herbalife, Ltd. (“Herbalife” or the “Company”) (NYSE: 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170606006387/en/
Contacts:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Source: Law Offices of Howard G. Smith
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