UPDATE: Herbalife Reported Expenses of Roughly $0.079 Per Share Related to Brand Damage From Ackamn Comments
July 29, 2013 at 17:16 PM EDT
"In late 2012, a hedge fund manager publicly raised allegations regarding the legality of the Company's network marketing program and announced that the hedge fund manager had taken a significant short position regarding the Company's common shares, leading to intense public scrutiny and significant stock price volatility. The Company believes