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Topic - Bill Ackman

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The Securities and Exchange Commission (SEC) headquarters in Washington. (AP Photo/File)

Bill Ackman pioneers new variety of unfair trading

By Bruce Fein

This Feb. 6, 2012, photo shows Bill Ackman of Pershing Square Capital Management in Toronto. A judge dismissed a lawsuit Tuesday, March 17, 2015, by Herbalife shareholders who claimed that the business structure and marketing practices of the weight loss and nutritional supplements company violated the law and that they lost money because it amounts to a pyramid scheme. Plaintiffs did not show that accusations by activist investor Bill Ackman proved fraud by Herbalife, U.S. District Judge Dale Fischer in Los Angeles wrote in his ruling. (AP Photo/The Canadian Press, Pawel Dwulit, File)

BRUCE FEIN: A plutocratic administration of justice?

By Bruce Fein

FILE - This Feb. 6, 2012, file photo, shows William Ackman, of Pershing Square Capital Management, in Toronto. It was announced Monday, May 12, 2014, that Botox maker Allergan is rejecting a takeover bid from Valeant Pharmaceuticals, saying that the unsolicited bid worth nearly $46 billion undervalues the company and carries significant risk. Shortly after Canada’s Valeant and activist investor Ackman made their offer public last month, Allergan announced a so-called poison pill plan, a defensive tactic that makes a buyout prohibitively expensive. (AP Photo/The Canadian Press, Pawel Dwulit, File)

Allergan board turns down Valeant takeover offer

Associated Press

Botox maker Allergan draws bid from Valeant

By KEN SWEET and MATTHEW PERRONE - Associated Press

Valeant to bid for Botox maker Allergan

By KEN SWEET and MATTHEW PERRONE - Associated Press

FILE - This Feb. 6, 2012, file photo, shows William Ackman, of Pershing Square Capital Management, in Toronto. On Tuesday, March 11, 2014, Ackman held a public event to detail his firm's claims of how Herbalife is operating as a pyramid scheme in China, violating laws there. On Wednesday, Herbalife Ltd. said that it is facing an inquiry from the Federal Trade Commission. (AP Photo/The Canadian Press, Pawel Dwulit, File)

Ackman wins a round as FTC starts Herbalife probe

By KEN SWEET & SARAH SKIDMORE SELL - Associated Press