• Anne Coughlan is Wrong on Herbalife

    At yesterday’s big Herbalife investor day, the company paraded around Anne T. Coughlan, a marketing professor at Northwestern University, who proudly proclaimed that Herbalife is not a pyramid scheme. No, it is a legitimate multi-level marketing company. In July, Coughlan […]

  • Herbalife Documentary by Herb Greenberg: Selling the American Dream

    Herb Greenberg, a stocks commentator for CNBC did a ten-month investigation of multi-level marketing company Herbalife. Its conclusion is this 20 minute documentary, and the timing couldn’t be better. Herbalife has been accused of being a pyramid scheme again, this […]

  • Is Herbalife a Scam?

    Herbalife CEO Michael Johnson says he’s never heard anyone refer to HLF as a scam in the last ten years. Funny, but it seems the internet has heard such things. So much that Herbalife distributors write articles and produce videos […]

  • More on Herbalife, Bill Ackman, and Law Enforcement

    As we patiently wait for Herbalife’s “analyst and investor meeting” on January 10 to address the pyramid scheme allegations made by short seller Bill Ackman, there is plenty of good discussion of HLF around the world wide web. Kid Dynamite […]

  • If Herbalife Was a Pyramid Scheme, It Would Have Collapsed By Now

    One of the most common arguments used against those who deem multi-level marketing companies pyramid schemes, is that pyramid schemes collapse. Because Herbalife hasn’t collapsed, it must not be a pyramid scheme. Because the company has avoided total collapse for […]

  • Herbalife Does Not Track Retail Sales

    This little gem is courtesy of Shortzilla, a Seeking Alpha contributor. In a 1986 Final Judgment and Permanent Injunction against Herbalife in California, the company agreed to the following: B.  defendants shall be in compliance with this Section 5, as […]

  • Bill Ackman on His Herbalife Short

    Herbalife (NYSE: HLF) has been hit by a short seller again. Earlier this year it was David Einhorn simply asking questions about the business. This time it is Bill Ackman calling Herbalife a pyramid scheme and laying out his case. […]

  • Multi-Level Marketing or Pyramid Scheme?

    Recently Bruce Craig, a retired lawyer from the Wisconsin Department of Justice in the area of consumer protection, published an interesting article on multilevel marketing: An Investor’s Guide To Identifying Pyramid Schemes. The controversy surrounding Herbalife (NYSE: HLF), and initiated […]

  • Stopping Crystal Cox’s Harassment and Extortion

    Last week Marc Randazza, his wife Jennifer, and his daughter Natalia filed suit against “investigative blogger” Crystal Cox in United States District Court in Nevada. The suit is a treasure trove of tales about a nutty blogger who fancies herself […]

  • Crystal Cox: Still an Extortionist

    Last week, an arbitration panel issued a decision in favor of Marc Randazza and Randazza legal group in a dispute with “investigative blogger” Crystal Cox. You may recall that earlier this year, Crystal Cox was up to her old tricks […]