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  "documentTitle": "Multiple holdings (Pershing Square portfolio)",
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      "text": "New York State Senator Jeff Klein, in conjunction with Public Advocate Letitia James and not-for-profit Make The Road New York, released a highly critical report on Herbalife which concludes that Herbalife distributors are “running an illegal pyramid scheme” and proposes New York State legislation that would amend the New York State General Business Law",
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      "text": "CEO Michael Johnson: \"It's the recruiting, meaning bringing new distributors into our company, which is the most vital part of our bloodstream. We bring new distributors in – we grow. It's that simple. It's that simple. And the company has built its whole reputation, its whole life, on recruiting.\"",
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      "text": "It’s the recruiting, meaning bringing new distributors into our company, which is the most vital part of our bloodstream. We bring new distributors in – we grow. It’s that simple. And the company has built its whole reputation, its whole life, on recruiting. — CEO Michael Johnson",
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      "text": "Sources: Herbalife financial statements. 1: We believe this clip was taken from a longer video from Herbalife's 2005 global management retreat, previously reported on by the press. 2: The report, titled \"The American Scheme: Herbalife's Pyramid 'Shake' down\" is available on Sen. Klein's website.",
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