NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“Pershing Square”) today announced that it will webcast “The American Dream Denied,” a video about Herbalife, tomorrow, February 9, at 11:30 AM Eastern time.
Herbalife has attempted to convince regulators, elected officials, and the public that it has cleaned up its act and made substantial improvements to its business model. But the stories of Herbalife distributors show that millions of people are still being harmed by the company every day. The changes the company has made do not impact Herbalife’s pyramidal compensation plan or the predatory practices Herbalife uses to deceive aspiring entrepreneurs.
The “new Herbalife” is no different than the old Herbalife.
The webcast will be hosted at www.factsaboutherbalife.com at 11:30 AM Eastern time.
About Pershing Square Capital Management, L.P.
Pershing Square Capital Management, L.P. ("Pershing Square"), based in New York City, is a SEC-registered investment adviser to investment funds. Pershing Square manages funds that are in the business of trading — buying and selling — securities and other financial instruments. Funds managed by Pershing Square are short the stock of Herbalife Ltd. and own put options on the Company. Pershing Square may increase, decrease, dispose of, or change the form of its investment in Herbalife for any or no reason, at any time. Pershing Square may change its views about or its investment positions in Herbalife at any time, for any reason or no reason. Pershing Square may buy, sell, cover or otherwise change the form or substance of its Herbalife investment. Pershing Square disclaims any obligation to notify the market of any such changes. Please see the full Disclaimer appearing on the websites www.factsaboutherbalife.com.