Herbalife Ltd. Said Active New Member Data Had Errors – Tilson

From an email Whitney Tilson sent to investors – we assume Tilson is still short Herbalife Ltd. (HLF)

This is unbelievable. Just when I thought I’d seen it all with this company…

Herbalife just confessed in an 8-K (see below) that on one of the most critical metrics (Active New Members) that investors and analysts use to evaluate the company, due to “database scripting errors” and “quarterly aggregation issues”, the numbers they reported in the last two quarters are wrong –...

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