|Company Name||Herbalife Ltd.|
The Firm announces an investigation on behalf of investors of Herbalife Ltd. ("Herbalife" or the "Company") (NYSE: HLF) concerning the Company and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit on behalf of injured investors.
On March 3, 2016, Herbalife disclosed that the Company had identified “errant information regarding the Company’s new ‘Active New Member’ metric that was provided on certain of the Company’s 2015 earnings calls.” The Company also identified specific false statements regarding Active New Subscriber growth from the calls, and issued dramatically reduced figures for many of those statements.
On this news, Herbalife stock fell $3.96 per share, or 7%, to close at $52.42 on March 3, 2016, thereby injuring investors.
If you purchased Herbalife securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224 or by email to firstname.lastname@example.org.
Submit Your Information
If you suffered a loss on your Herbalife Ltd. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.
An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.