Herbalife Says It Will Clarify Distributor Disclosures, Ackman Doesn't Buy It

Herbalife says it will disclose more detail on how many distributors in its multi-level marketing program are in it to make money, and refine its nomenclature to "simplify" and address the lack of clarity in its organization. It is the murky nature of the company's disclosures that has been seized on by short seller Bill Ackman in his offensive against the company he says is a pyramid scheme.