Ackman, Herbalife unscathed by probes: WSJ

(Reuters) - Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing people familiar with the matter. The probes included an investigation of claims that Herbalife, a nutrition and weight loss company, has a fraudulent business model, and an inquiry into allegations that investment firm Pershing Square manipulated Herbalife's stock, the