an adviser to Herbalife, questioned Tribeca's credibility after claiming that the film was "bought and paid" for by Ackman "to make good on his stock bet". In 2016, a Last Week Tonight with John Oliver segment on multi-level marketing focused on Herbalife; it strongly condemned the company for its structure resembling a pyramid scheme and cited the FTC report, which implied the company had been operating illegitimately. Oliver criticized Herbalife for its exploitation of Latino communities, and overstatement of its products' health benefits. One reviewer wrote that it appeared to be largely based on Betting on Zero, and caused no immediate change in Herbalife's stock prices. The 2018 book When The Wolves Bite: Two Billionaires, One Company, and an Epic Wall Street Battle'' by Scott Wapner discusses Ackman's short of the company and his battle with Icahn. In the book, Wapner characterizes Ackman's decision to bet against Herbalife as dangerous, because it anticipated that the government would shut Herbalife down. References External links Official website Company profile by MarketWatch Companies listed on the New York Stock Exchange Multi-level marketing companies Retail companies established in 1980 Nutritional supplement companies of the United States Pyramid and Ponzi schemes Companies based in Los Angeles 1980 establishments in California 1980s initial public offerings