Herbalife, a company accused of being a pyramid scheme, has faced significant losses with its stock down nearly 86% from previous highs. Various individuals, including Bill Ackman and investigative reporters, have criticized Herbalife. Kamala Harris, as California AG, faced scrutiny for not investigating Herbalife despite staff recommendations. Bill Ackman acknowledged an error in the timeline of Harris' actions.
I was wrong about the date of @VP Harris, then California AG Harris’ memo from her staff recommending action on Herbalife. It was in 2015, not 2016-7. Thank you @nypost! https://t.co/dOfsUXRyoF
Exclusive in @nypost: Kamala Harris disregarded staff recommendation to investigate Herbalife — while husband Doug Emhoff’s firm repped the company https://t.co/oYe3Y9KKJA
Kamala Harris disregarded staff recommendation to investigate Herbalife — while husband Doug Emhoff’s firm repped the company https://t.co/ozKe0G2hRW https://t.co/eXbR7AzFfd
Kamala Harris Enabled Herbalife to Ravage Low Income Latinos In California While Attorney General $HLF https://t.co/4LukJrNhuY
So finally Herbalife gets its comeuppance, years later. I did an investigation while at CNBC (https://t.co/GsBrzg2TVi). The documentary is no longer live, but the story is! Better late than never, I suppose. https://t.co/ocws5QFINg
Rem #Herbalife... ...down nrly (50)% again since my tweet below & now down (86)% from its 2018/2019 sucker glory days: https://t.co/bytTI424qj https://t.co/4M3eHtE9u5
It is a very good day for my psychological short on @Herbalife. And it is an even better day for the world to see one of the biggest pyramid schemes fail. That said, it is sad that so many with so little have been deceived and bankrupted by Herbalife. And it is incredibly…