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Herbalife Company under investigation
A nutrition and lifestyle company is denying any knowledge of a federal probe of its operations.
Herbalife sells products for weight loss, fitness, and personal care.
It's a multi-level marketing company, but a hedge fund manager quoted in "financial times" called it a pyramid scheme.
CNN is reporting that the US Attorney's office in Manhattan and the FBI are investigating.
But Herbalife says neither agency has requested any information.
Last month, the company said it was under investigation by the Federal Trade Commission and would "cooperate fully" with that agency.