NYT: Federal probe of Herbalife doesn’t look headed for criminal case
03:13 PM ET · HLF
Herbalife (HLF +2.8%) shares bounce back after NY Times‘ Dealbook reports that the federal inquiry into the company shows no signs of developing into criminal case at this point, no grand jury subpoenas appear to have been issued, and FBI agents have not started interviewing witnesses.
Reports earlier today suggested NY’s AG threw his hat into the ring of investigations over pyramid scheme allegations around HLF.
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April 16th, 2014 at 12:02 am
NYT: Federal probe of Herbalife doesn’t look headed for criminal case
03:13 PM ET · HLF