The National Consumers League said that it wants the FTC to investigate the claims against Herbalife as well as the vitamin and supplement products company's responses.
Ackman said in a statement late Tuesday that he was pleased that the NCL was requesting an FTC investigation and believes it will show that the company is a pyramid scheme.
A representative for Herbalife Ltd. could not be immediately reached for comment.
Last month Herbalife denied a media report that it was the target of a law enforcement investigation. At that time the FTC would not confirm or deny whether any government agency was investigating Herbalife. |