News Headline Summary

Herbalife (HLF) responds to misleading and inaccurate information; says...

... "Other than the voluntary dialogue with regulators, which we communicated on our Jan investor day, we are unaware of any other regulatory interest and/or investigation."

Reaction details (21:12)

- Co. shares trade around session highs of USD 34.33; trades USD 33.94 last.

Analysis details (21:13)

- Premarket it was reported that Herbalife is the subject of a law enforcement investigation according to US press reports, citing information obtained via a Freedom of Information Law request. The documents revealed 192 complaints filed against Herbalife over the past seven years. (New York Post)

04 Feb 2013 - 21:10 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: