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Herbalife shares rose to 7% despite Ackman’s pyramid scam charges against the company

By Ak Sharma | Published: December 8, 2013

The shares of Herbalife Ltd rose up to 7% on Friday. This has come as a surprise in spite of current attacks from its activist investors Bill Ackman about the nutrition firm being a pyramid scam. A pyramid scam is defined as a scam wherein the company or members of the company promise its investors […]

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