Analyst Summary: Our sense is that few investors recognize the extent to which China has now become a material risk for Herbalife. We fully expect it will weigh on the shares until cleared. This report breaks it down.
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Notes: The SEC did not disclose the details on investigations referenced above. The SEC reminds us that its assertion of the law enforcement exemption should not be construed as an indication by the Commission or its staff that any violations of law have occurred with respect to any person, entity, or security. New SEC investigative activity could theoretically begin or end after the date covered by this latest information which would not be reflected here.
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