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  "documentTitle": "Herbalife, Ltd. (HLF)",
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  "authorName": "William Ackman",
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  "presentationDate": "2016-07-20 00:00:00",
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      "kind": "callout",
      "text": "Nutrition Clubs lose money and are simply a recruiting vehicle",
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      "text": "Quotes from legal documents detailing the unprofitability of clubs and their role in recruitment.",
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      "text": "\"[M]any Distributors find it all but impossible to make enough money from retail sales of product to cover the overhead of the club and also generate income for the owner.\" — FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at p.20.",
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      "text": "(1) FTC v. Herbalife International of America, Inc., et al. (July 15, 2016). Case No.2:16-cv-05217, Complaint for Permanent Injunction and Other Equitable Relief, at p.20. (2) Id., at p.21. (3) Id. (4) Id.",
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      "text": "Nutrition Clubs are Nothing More than a Recruiting Scheme",
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