Monthly Archives: June 2015

Herbalife Retaliates With A Website Attacking Bill Ackman

 
Herbalife Ltd. went on the attack against nemesis Bill Ackman on Monday, debuting a website that paints the billionaire hedge fund manager as an irresponsible opportunist.
Therealbillackman.com includes media reports about legal probes into his anti-Herbalife campaign as well as videos detailing Ackman’s investment failures. The counterpunch comes more than two years after Ackman started a site called factsaboutherbalife.com to aid his campaign accusing Herbalife of running an illegal pyramid scheme.

“When Bill Ackman’s wrong, he’s really wrong,” one video caption on Herbalife’s website reads. Another asks, “Really, Bill?”

Herbalife’s new site is its most public response yet after plenty of maneuvering behind the scenes. The company overhauled its lobbying and public-relations staffs and hired outside help to bolster its image amid federal and state probes into its business practices. The company has repeatedly denied Ackman’s allegations.
Ackman didn’t

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DSA Strengthens Regulatory Frameworks

 
Direct Selling Association’s (DSA) Board of Directors today approved a series of recommendations from its Ethics & Self-Regulation Committee that improve upon the Association’s more than 40-year commitment to the highest ethical business standards.
The recommendations further strengthen DSA’s Code of Ethics, a self-regulatory instrument enforced by an independent administrator that challenges direct sellers to make consumer protection and a positive purchasing experience their first priority.

“Today, we send a powerful message to the marketplace that our customers will always be the most important aspect of our business,” said Joseph N. Mariano, DSA’s President. “Trust – in our companies and their teams of independent sales consultants – is crucial.  We’ll never forget that and continually strive to earn it as a result of our actions throughout the purchasing process.”

The approved recommendations include new requirements for

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