Thompson Burton PLLC Leads the Discussion Regarding Ackman’s Herbalife Short Position


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On December 20, 2012, Bill Ackman, hedgefund manager at Pershing Square Capital, announced an “enormous” short position against publicly traded direct sales company Herbalife.  Ackman laid out his argument at the Sohn Conference Foundation in Manhattan in a three-hour presentation entitled “Who Wants to Be a Millionaire?” After the presentation, Thompson Burton PLLC partner and co-founder, Kevin Thompson, one of the top direct sales and MLM lawyers in the country, published his initial thoughts regarding Ackman’s short position and Herbalife’s decision to engage law firm Boes Schiller as its legal counsel.  Kevin’s post was widely circulated on Wall Street, resulting in numerous investment managers contacting Kevin to discuss his opinion regarding Ackman and Herbalife.  One of those discussions resulted in Robert Chapman of Los Angeles based Chapman Capital LLC authoring a guest post at thompsonburton.com entitled “Herbalife: Why I made it a 35% Position After the Bill Ackman Bear Raid”. Chapman’s guest post […]

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Creative Competitors, Recent Developments and Milestones for Thompson Burton


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In this episode of Creative Competitors, we talk about signing our lease at Corporate Centre in the Cool Springs area south of Nashville, Tennessee.  We discuss some of the difficulties of getting the office up and running, including purchasing office furniture, equipment, and our gratitude to our top notch interior decorator, Kelly Spalding, for her assistance.  We hope to start hiring administrative support and new lawyers once the space is ready in a few weeks. To that end, we’ve gotten somewhat of a head start on the hiring process. We recently offered the #1 law student in his class in Michigan to assist Kevin with his practice.  Our offer is pending, so we’re anxious to hear a response. We think we can compete with any law firm, big or small, to land high quality talent. We also discuss our recent involvement in the Zeek Rewards Ponzi Scheme case. With estimates of more than Two […]

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