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Latinos urge California attorney general to probe Herbalife
Source: Reuters
Latinos urge California attorney general to probe Herbalife
By Svea Herbst-Bayliss
Fri Oct 18, 2013 6:24pm EDT
(Reuters) - Latino civil rights activists on Friday appealed to California's attorney general to probe the marketing practices of Herbalife as the nutrition and supplements company hosted a sales event for thousands of Latino distributors.
Dozens of protesters with signs saying "Stop Exploiting Us" stood outside the Los Angeles convention center to urge Kamala Harris, the state's attorney general, and Bob Lee, the Santa Cruz District Attorney, to investigate what they call predatory business practices and review how the $6.7 billion company targets minorities.
"We are asking Attorney General Harris to help us protect vulnerable, low income Latinos and other minorities from these schemes that have cost people their life savings," said Angelica Salas, Executive Director, Coalition for Humane Immigrant Rights of Los Angeles.
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Some prominent Wall Street investors as well as certain civil rights groups have accused Herbalife, which relies on thousands of independent distributors to sell its products, of being a pyramid scheme, something the company denies.
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By Svea Herbst-Bayliss
Fri Oct 18, 2013 6:24pm EDT
(Reuters) - Latino civil rights activists on Friday appealed to California's attorney general to probe the marketing practices of Herbalife as the nutrition and supplements company hosted a sales event for thousands of Latino distributors.
Dozens of protesters with signs saying "Stop Exploiting Us" stood outside the Los Angeles convention center to urge Kamala Harris, the state's attorney general, and Bob Lee, the Santa Cruz District Attorney, to investigate what they call predatory business practices and review how the $6.7 billion company targets minorities.
"We are asking Attorney General Harris to help us protect vulnerable, low income Latinos and other minorities from these schemes that have cost people their life savings," said Angelica Salas, Executive Director, Coalition for Humane Immigrant Rights of Los Angeles.
[font size=1]-snip-[/font]
Some prominent Wall Street investors as well as certain civil rights groups have accused Herbalife, which relies on thousands of independent distributors to sell its products, of being a pyramid scheme, something the company denies.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/2013/10/18/us-herbalife-demonstration-idUSBRE99H14Z20131018
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