People linked to Pershing Square probed over Herbalife - Ackman

Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Herbalife's shares rose more than 15 percent after the Wall Street Journal reported late on Thursday that federal prosecutors and the FBI were probing whether false statements were made in order to spur investigations into the company and lower its stock price. Ackman, whose he