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Illinois peeps, check out – Herbalife Settles Pyramid Scheme Case With Regulator, in Blow to Pershing’s Ackman

Herbalife Ltd agreed to pay $200 million and change the way it does business to avoid being labeled a pyramid scheme by regulators, a blow to hedge fund manager Bill Ackman who for years has been betting against the dietary supplements maker.. via NYT Business Day

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This entry was posted on July 15, 2016 by in Illinois and tagged , .
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