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  "documentTitle": "Pershing Square portfolio (multi-holding LP update: MDLZ, VRX, APD, ZTS, CP, QSR, HHC, PAH, FNMA/FMCC, HLF short)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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  "presentationDate": "2016-01-28 00:00:00",
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      "text": "State action by New York Senator Jeff Klein ramps up pressure on Herbalife",
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      "text": "Vemma Complaint provides a potential road-map for Herbalife",
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      "text": "Herbalife could not survive if the courts applied the same restrictions to Herbalife which they have imposed upon Vemma. Pershing Square has published a detailed side-by-side comparison on our website – FactsAboutHerbalife.com – showing that Vemma and Herbalife are substantially similar",
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      "text": "New York State Senator Jeff Klein, in conjunction with Public Advocate Letitia James and Make The Road New York, released a highly critical report on Herbalife1 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": "1: The report, titled \"The American Scheme: Herbalife's Pyramid 'Shake'down\" is available on Sen. Klein's website.",
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