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Transcripts For FBC MONEY With Melissa Francis 20140324

Melissa so the herbalife battle continues. Carl icahn, gaining three additional seats on the companys board. The stock is up on news today. Does it hurt or help shareholders in the long run though . Here now are very own Charlie Gasparino. Jo ling kent from the wall street journal. We have James Freeman as well. What is ackmans next move . This is pretty powerful. Five seats on the board. Icahn or ackman . Melissa ackman. How does he respond . Icahn, start with carl. Carl now will be, will push management to be more aggressive to, addressing his concerns, what ackman has raised, that this is a illegal ponzi scheme and raised it enough where he has got, the ftc looking at it. Melissa right. Possibly state ags looking at it. I think you see much more concerted, tougher Defense Strategy out of herbalife right now which is basically laying back. Listen, they put out statements. Melissa it is hard to mount a defense. When you look at it, they do make money by virtue of setting up new dealer

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