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Abdul Awad v. Herbalife Ltd. et al
Case Number:
2:14-cv-02850
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 25, 2015
Herbalife KOs Pyramid Scheme Suit In Latest Round
A California federal judge permanently dismissed a securities class action against supplement company Herbalife on Tuesday after finding that multiple opportunities to amend didn't get investors any closer to plausibility on their allegations that the company lied when it denied being a pyramid scheme.
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November 09, 2015
Herbalife Investors Say Third Time's Charm For Pyramid Suit
Herbalife Ltd. investors urged a California federal judge Monday to greenlight a putative class action alleging the company lied when it denied being a pyramid scheme, saying new allegations in the third version of their securities suit should overcome Herbalife's argument for dismissal.
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July 28, 2015
Herbalife Again Escapes Shareholder Class Action
A California federal judge on Tuesday again granted Herbalife Ltd.'s bid to toss investors' proposed class action accusing the company of misrepresenting various aspects of its business, ruling that plaintiffs failed to prove Herbalife acted with knowledge of wrongdoing.
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March 17, 2015
Herbalife Investor Suit Crumbles Under Causation Standard
A California federal judge on Monday tossed an investor's putative class action accusing Herbalife Ltd. of operating a massive pyramid scheme following reported federal investigations, ruling that plaintiffs did not prove Herbalife revealed anything to investors that caused a decline in stock price.
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March 09, 2015
Herbalife Says Investor Suit 'Slavishly' Parrots Ackman
Herbalife Ltd. urged a California federal judge on Monday to toss an investor's putative class action accusing the health supplement company of operating a massive pyramid scheme following reported federal investigations, contending the plaintiffs' complaint "slavishly" cribs from activist investor Bill Ackman's self-interested accusations.
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April 14, 2014
Herbalife Investor Files Class Action After Gov't Probes
An Herbalife Ltd. investor hit the company with a putative class action in California federal court on Monday, accusing the health supplement distributor of operating a massive pyramid scheme following reported investigations by the U.S. Department of Justice and FBI.