According to an article in Forbes, Herbalife Paid a $200 Million Fine and then the FTC screwed it up:
Three weeks ago, on Jan. 10, the Federal Trade Commission announced what sounded like great news for people who had lost money with Herbalife, the multi-level marketer of weight-loss shakes and nutritional supplements: Their checks were in the mail.
It was the final outcome in the FTC’s lengthy battle with Herbalife (hlf, +0.32%), which in July agreed to pay $200 million in a controversial settlement.
And it was supposed to be a great victory for the hedge fund manager Bill Ackman, who had poured $1 billion into a bet against Herbalife stock and long argued that Herbalife was scamming immigrants into loading up on weight-loss shakes they’d never be able to sell at a profit.
But