Business Wire (Free subscription) | 05/14/2008
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) announced an agreement that makes it the official nutritional sponsor of IndyCar Series racer Townsend Bell for the 2008 Indy Car
The Earth Times Online Newspaper (Free subscription) | 05/12/2008
LOS ANGELES - Children at Casa Betania, a safe haven for children in La Paz, Bolivia, presented representatives of the Herbalife Family Foundation with handmade flowers when they arrived to present a grant to establish a Casa Herbalife program to help improve nutrition, at the center.
Business Wire (Free subscription) | 05/12/2008
LOS ANGELES--(BUSINESS WIRE)--Children at Casa Betania, a safe haven for children in La Paz, Bolivia, presented representatives of the Herbalife Family Foundation with handmade flowers when
Business Wire (Free subscription) | 05/12/2008
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE:HLF) Chairman and Chief Executive Officer Michael O. Johnson will present at the Avondale Partners 2008 Consumer Conference on Tuesday, May
Sequence Inc. FRAUDfiles Blog (Free subscription) | 05/09/2008
Herbalife (NYSE: HLF) whistleblower says illegal acts likely responsible for region's dramatic supervisor growth Herbalife (NYSE:HLF) executives identified Venezuela as a Top 10 market for the company in their May 2, 2008, conference call, and indeed, triple digit new supervisor growth was reported there in the first quarter. However, according to former Herbalife Director of Venezuela...
Business Wire (Free subscription) | 05/08/2008
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) announced the promotion of Marco Brandolini to country director, Italy and the Balkans. He reports to Wynne Roberts, senior vice
Business Wire (Free subscription) | 05/07/2008
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE:HLF), a global nutrition and direct-selling company, announced the appointment of Andrew L. Speller as vice president, investor relations.
Sequence Inc. FRAUDfiles Blog (Free subscription) | 05/05/2008
Reformed white collar criminal Barry Minkow has been investigating multi-level marketing schemes such as Usana Health Sciences, Herbalife Ltd., and PrePaid Legal. One of the most recent revelations by Minkow and his Fraud Discovery Institute was that the president of Herbalife, Gregory Probert, did not have the MBA he and the company claimed in SEC [...]
bizjournals (Free subscription) | 05/05/2008
Here's a little-known fact about Will Graylin, local entrepreneur and founder of WAY Systems Inc.: Before completing two master's degrees at MIT in the late 1990s, he worked as a direct sales representative for Amway Corp. and Herbalife Ltd. That training is going to come in handy as Graylin rolls out his newest startup, Roam Data Inc., a maker of mobile application development platforms for...
Sequence Inc. FRAUDfiles Blog (Free subscription) | 05/03/2008
This week, Gregory Probert, Herbalife’s (NYSE:HLF) president and COO, resigned after being outed for lying about his credentials. Here’s what an analyst at Goldman Sachs had to say about the company after the resignation was announced: IMPLICATIONS: We believe that this significant EPS outperformance will largely overshadow the disappointing resignation of Greg Probert and would expect the [...]...
Law Blog - WSJ.com (Free subscription) | 05/02/2008
Herbalife's president resigned after acknowledging he claimed a fake master's degree in corporate filings.
DATA news (Free subscription) | 05/02/2008
Filed under: Management , Scandals Last week I wrote about Barry Minkow's discovery that Herbalife (NASDAQ: HLF ) president and COO Gregory Probert had lied on his resume, claiming to have an MBA that he didn't have. Goldman Sachs analyst Simeon Gutman opined that the credentials flap didn't matter, and that he'd be surprised if Probert lost his job because "not only does he oversee many of...
LA Biz Observed (Free subscription) | 05/02/2008
Why does today's firing of Gregory Probert as president of Herbalife not smell right? All right, the guy admitted to...
Business Wire (Free subscription) | 05/01/2008
LOS ANGELES--(BUSINESS WIRE)--Herbalife Ltd. (NYSE: HLF) today reported that its board of directors approved a quarterly cash dividend of $0.20 per share to shareholders of record
The Street (Free subscription) | 05/01/2008
Despite its consistent performance, the company is having one public-relations headache after another.
