Enforcement

Herbalife Feud Enters New Domain

The public dispute between hedge fund manager Bill Ackman and business magnate Carl Icahn over allegations made about Herbalife now includes a domain name twist, as reported by Bloomberg.

In December, Ackman made statements that the nutrition company is running a pyramid scheme and using price inflations and misleading sales figures to hide it, which he explains in detail on a website he created, FactsAboutHerbalife.com. At an investor meeting, Herbalife vehemently denied the allegations and accused Ackman of “mischaracterizing” its business. Icahn came to Herbalife’s defense as well, sparring with Ackman on CNBC, and fellow hedge fund manager Daniel Loeb defended the company as well.

Herbalife also registered at least 10 domain names containing Bill Ackman’s name, including TheRealBillAckman.com and BillAckman.net. The websites currently do not resolve, and it is not known whether or not the company has plans to host any content on them.

Now, someone has registered TheRealCarlIcahn.com and TheRealDanielLoeb.com. Again, the sites do not resolve, and registration information is hidden, but it would appear to another layer to the very public sparring match.

The domain name news does not appear to have had much of an effect on Herbalife’s shares, as they have been on the rebound since Ackman’s accusations first emerged, but there are unanswered questions about what the domain names will be used for. It remains to be seen whether or not any of the domain names will host content, but we will keep our eyes on them and update this post with any developments.