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Herbalife's 'Magical' Disclosure Math Doesn't Add Up

Healthcare Sector and Stocks Analysis from Seeking Alpha

Wed, 26 Dec 2012

By Deja Vu : Virtually everyone interested in Herbalife ( HLF ) is now familiar with Ackman's thesis that Herbalife is a pyramid scheme. One of Herbalife's key defenses is that every prospective distributor is provided with a "STATEMENT OF AVERAGE GROSS COMPENSATION OF U.S. SUPERVISORS", found ...

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