Company News, Regulations

Feds Look at Herbalife…Again

Reviewing ties to China

Author Image

By: TOM BRANNA

Editor

Suddenly, Bill Ackman doesn't seem much of an adversary. The US government is investigating dietary supplement maker Herbalife over whether it violated foreign bribery laws while conducting business in China, the company revealed in a regulatory filing on Friday.  Herbalife, in which a billionaire investor and adviser to US President Donald Trump is the single largest shareholder, said that the US Securities and Exchange Commission had asked the company for records as part of its civ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters