Wall Street Rejects Ackman's Herbalife 'Death Blow' - Presented by: The Aol. On Network

Billionaire investor William Ackman's latest volley of accusations against Herbalife fell flat on Wall Street on Tuesday, with shares in the nutrition company soaring more than 17 percent. Ackman, whose hedge fund Pershing Square Capital Management placed a $1 billion bet that Herbalife will go bust under regulatory scrutiny, told a conference of investors in New York that the firm's recruiting methods violate U.S. labor laws by employing drink makers and babysitters without pay.



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