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Herbalife Responds to Bill Ackman’s Latest Misrepresentations

2015-01-07 17:06 ET - News Release


LOS ANGELES -- (Business Wire)

Global nutrition company, Herbalife (NYSE: HLF) today issued the following statement:

Bill Ackman is entirely predictable – with his Herbalife put options expiring next week, he is off on yet another tirade of misrepresentations, the sole purpose of which is to drive down our share price. The facts about our business are inconvenient for Mr. Ackman, and he clearly has no interest in learning them, as evidenced by his team’s last-minute cancellation of a meeting last month that he requested.

About Herbalife Ltd.

Herbalife Ltd. (NYSE:HLF) is a global nutrition company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in more than 90 countries through and to a network of independent members. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains a significant amount of information about Herbalife, including financial and other information for investors at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted.

Contacts:

Herbalife Ltd.
Media Contact:
Julian Cacchioli
VP, Worldwide Corp. Comm.
213.745.0519

Source: Herbalife Ltd.

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