Carl Icahn: Ackman alleges the company is a kind of pyramid scheme, pitching him directly against Carl Icahn, another activist investor, who took a long position in the shares of the company, which has a stock market value of more than $5 billion, according to The Independent. We have hundreds of hours of recorded video, audio, we have internal documents that were given to us by some employees that felt it was in the best interests of the world to know what is really going on at the company Ackmans Pershing Square hedge fund has made a roughly $1 billion bet selling Herbalifes shares short meaning he will make money if the stock falls. You are going to learn why Herbalife is going to collapse this is the largest fraud, public fraud in terms of scale Ackman alleged on
(news.financializer.com). As
reported in the news.
Tagged under activist investor, stock market value topics.