She says she was struck by the appeals for an investigation of Herbalife, at first directly from representatives for Mr. Ackman’s firm and then from others: All three of the letters from nonprofit groups demanding an investigation were identical — except they were signed by three different Hispanic community leaders, each on a different letterhead. When Ms. Masto invited the Hispanic leaders to meet with her individually, none of them could identify a victim of abusive practices. “We are not going to move forward unless we have victims,” she told the community leaders. Advocacy groups also worked between the pro and anti-Herbalife camps negotiating better contributions. Wonder if the politicians did the same. Heres to hoping if Ackerman succeeds, hes sued for trying to manipulate prices and loses any gains he made.
Posted on: Thu, 13 Mar 2014 08:55:42 +0000
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