By: Benzinga
Herbalife Continues to Soar As Company Prepares to Answer Pyramid Scheme Accusations
Shares of Herbalife (NYSE: HLF ) soared 12 percent on Monday, and tacked on nearly another three percent Wednesday along with broader market indicies. Herbalife suffered a 37 percent drop in 2012 as hedge fund magnate Bill Ackman accused the company of running a pyramid scheme. In May, Einhorn questioned
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