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  "documentTitle": "Pershing Square Portfolio (multi-position annual update)",
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      "text": "Lead-generation, nutrition clubs, wellness coaching, multi-level selling in China\nPublic presentations on Nutrition Clubs, China and harm to the Latino community\nProfiles of over 30 top distributors on www.herbalifepyramidscheme.com",
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      "text": "Gratziani: “[S]uccessful people in retailing in our business, it’s a very small percentage. . . . The majority of our people have a difficulty in selling products, in general.”",
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      "text": "Over the past 10 months, four independent directors, including the Lead Director and chair of the Audit Committee, have resigned. Director and Chairman’s Club member Pedro Cardoso is under indictment in Brazil for financial crimes; HLF claims it was unaware of the charges and has not disclosed the indictment in its SEC filings",
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      "text": "Sources: SEC & FTC websites; HLF 2005 10K; HLF 2013 10Qs; HLF Statement of Average Gross Compensation; HLF Sales & Marketing Plan.",
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