date:Jul 24, 2014
ife and whether there are limits to how short-sellers make their case.
It seems odd to many that you could publicly trash a company and affect its stock price negatively, and that somehow there would be no consequences for that, said Mark Fickes, a former SEC attorney who is now a lawyer at Cannata, Ching OToole LLP. The fact he has the resources to disseminate the information this way, it doesnt make it wrong.
Ackman has denounced Herbalife as a pyramid scheme since December 2012, spending $