12/13/2013 09:30 am ET

Herbalife Criticized As 'Pyramid Scheme' By Latino Activists

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CHICAGO (CBS) — Illinois Hispanic activists are calling the Herbalife company a pyramid scheme and a fraud that the state Attorney General should investigate.

WBBM Newsradio’s John Cody reports, Herbalife officials say it’s an honorable company, in business for 30 years, and suffering from a barrage of complaints from Pershing Square investments, which has made a billion dollar short sale bet that the company stock will drop.

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