Lulac says AGs are investigating Herbalife
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The civil rights activist group maintains its position that Herbalife Ltd (NYSE:HLF) is a pyramid scheme and it is generating profits by taking advantage of distributors across the country using “fraudulent arrangements.”
In a statement, Brent Wilkes, national director of Lulac said, “Herbalife’s claim that it provides an opportunity for regular people without any background in business to become millionaires with an initial investment of $4,000 is outrageous.”
Activist Group Lauds Probe Against Herbalife's Business Practices
