- An extraordinary number of puts on our stock are due to expire this Friday. We previously learned this activity was pegged to some kind of "significant event."
- Mr. Ackman suddenly announced today that he will make a presentation on Herbalife on Thursday, the day before the puts expire.
- Our CFO this morning asked Mr. Ackman to allow us to participate in his presentation. Mr. Ackman declined.
- We have been informed that Mr. Ackman has shorted our stock for the past 7 to 9 months.
- Our stock dropped almost 15 percent today following Mr. Ackman’s announcement.
Herbalife Company Statement Regarding Ackman Allegations
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