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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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      "text": "Absent a viable retail-based business opportunity distributors focus their efforts on recruiting",
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      "text": "Quotes from FTC v. Herbalife International of America, Inc. regarding the recruitment-focused nature of the business model.",
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      "text": "“Notwithstanding Defendants’ express and implied representations that Herbalife offers a retail-based business opportunity, in truth the only way to achieve wealth from the Herbalife business opportunity is to recruit other Distributors.” — 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.23.",
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