William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to the audience about Herbalife company in New York, July 22, 2014. Billionaire investor Ackman hurled fresh ... more 
William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to the audience about Herbalife company in New York, July 22, 2014. Billionaire investor Ackman hurled fresh accusations against nutrition company Herbalife Ltd on Tuesday, claiming its recruiting methods violate U.S. labor laws by employing drinks makers and babysitters without pay. Ackman, the head of hedge fund Pershing Square Capital Management, has a $1 billion bet that California-based Herbalife will be forced out of business by regulators for running a pyramid scheme - a charge the company vehemently denies. REUTERS/Eduardo Munoz (UNITED STATES - Tags: BUSINESS) less 
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Reuters | Photo By EDUARDO MUNOZ / REUTERS
Tue, Jul 22, 2014 1:41 PM EDT