Herbalife Sales Soar, But Firm Confronts Renewed Scrutiny
This article was originally published in The Tan Sheet
Executive Summary
CEO William Johnson says the firm had “another record performance of double-digit growth while under the constant and unrelenting attack” by activist investor William Ackman. Herbalife executives have met with Sen. Edward Markey’s staff and say they have answered the questions he asked in a January letter.