1. Ackman to pay Herbalife whistleblowers' legal fees, not lost pay

    Ackman to pay Herbalife whistleblowers' legal fees, not lost pay

    BOSTON (Reuters) - Activist investor William Ackman, who is betting more than $1 billion that Herbalife is a pyramid scheme, will cover legal fees and damages for whistleblowers who have spoken out against the company, but not lost wages if they lose their jobs...

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    1. With respect to indemnities provided by Pershing Square to other whistleblowers, including those cooperating with government agencies, these indemnities are limited to legal fees and damages incurred in the event that these individuals are sued by Herbalife, and do not provide for recoveries for lost wages.
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