![]() | This article is rated Start-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||||||||
|
![]() | The Wikimedia Foundation's Terms of Use require that editors disclose their "employer, client, and affiliation" with respect to any paid contribution; see WP:PAID. For advice about reviewing paid contributions, see WP:COIRESPONSE.
|
This article was the subject of a Wiki Education Foundation-supported course assignment, between 11 January 2021 and 20 March 2021. Further details are available on the course page. Student editor(s): Jc4382.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 02:15, 18 January 2022 (UTC)
There's no reason to add information on Ackman's private foundation to this page, even if they have similar names. This is besides the point that the additions were made without reliable sources. If there is a connection with the foundation and the investment firm, then that should be demonstrated and well-sourced when adding. FuriouslySerene (talk) 18:34, 5 November 2015 (UTC)
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Hello! Francis here, representing Pershing Square Capital Management. Given my conflict of interest, I'll be sharing suggestions on discussion pages instead of editing directly. I'd like to submit an edit request to correct text in the "Company history" section. Currently, the section starts with:
References
Issue: Leucadia National is a company, not a person.
The source used as a citation says, "In 1995, just three years out of business school, Ackman teamed up with Leucadia National, an insurance and real estate company, to make one of just a handful of serious bids for Rockefeller Center when it went on the sales block… In 2004, Ackman started his career anew by launching Pershing Square Capital Management with $54 million from himself and Leucadia National." I propose replacing the text with the following:
Could someone please update the article's text on my behalf? Thank you! FMatPSCM (talk) 22:55, 28 February 2024 (UTC)
![]() | This edit request by an editor with a conflict of interest was declined. |
I would like to submit another edit request to correct text in the "Herbalife" section.
Currently, the section says: "In March 2015, U.S. District Judge Dale Fischer dismissed a suit filed by Herbalife investors alleging the company is operating an illegal pyramid scheme.[1]
References
Issue: This is not accurate. A California Judge dismissed this case against Herbalife in March 2015, but the case was regarding a lack of disclosure. It was not a case to determine if, or if not, Herbalife was a pyramid scheme.
This Reuters source explains, "U.S. District Judge Dale Fischer in Los Angeles, who dismissed a version of the complaint in March, said on Tuesday the Oklahoma Firefighters Pension and Retirement System did not show the defendants defrauded shareholders by concealing the company's inability to track retail sales... 'Herbalife openly disclosed that it was susceptible to legal challenge precisely because its practices occupy the gray area between legitimate multi-level marketing company and illegal pyramid scheme,' Fischer wrote."
For these reasons, I propose replacing the current text with:
References
Can someone please update the article on my behalf? Thank you. FMatPSCM (talk) 23:40, 2 March 2024 (UTC)
said on Tuesday. I'm also a bit dubious about the second sentence, as it is a claim from PSCM. Fischer did mention it, stating:
ARandomName123 (talk)Ping me! 19:42, 2 May 2024 (UTC)Herbalife openly disclosed that it was susceptible to legal challenge precisely because its practices occupy the gray area between legitimate multi-level marketing company and illegal pyramid scheme," Fischer wrote.
![]() | This edit request by an editor with a conflict of interest has now been answered. |
I would like to submit another request for this article. Currently, there are two sections dedicated to Pershing Square Tontine Holdings. Here are links:
I propose combining these two sections. Also, the content that implies PSTH is still active should be edited. For example, "PSTH is currently the largest SPAC to IPO to date" and "PSTH has a unique". I would appreciate an update to the tense here.
Can User:Kline or another editor update the article? FMatPSCM (talk) 21:37, 12 March 2024 (UTC)
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Hello again! I'd like to submit another edit request to correct and update existing text.
First, the article says, "In October 2014, Ackman launched a UK-based closed-end fund, Pershing Square Holdings, on the London Stock Exchange." This is not accurate. Pershing Square Holdings is incorporated in Guernsey listed on the Euronext Amsterdam in 2014. Sources: CNBC, The New York Times, Reuters. It also commenced trading on the London Stock Exchange in 2017. Sources: Express. Does someone mind correcting this sentence?
Additionally, the article says, "As of August 2012 the fund held beneficial ownership of 7.7 percent of General Growth's stock." This is outdated, as PSCM sold General Growth Partners in February 2014. Sources: Bloomberg and The Wall Street Journal. Could someone add an update along the lines of "General Growth Partners repurchased PSCM's remaining stake in February 2014."?
Thanks for considering these updates. FMatPSCM (talk) 16:36, 4 April 2024 (UTC)
![]() | The user below has a request that an edit be made to Pershing Square Capital Management. That user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 167 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
Hello! I'd like to submit a request to update the section about Netflix, which references Pershing Square's investment letter when Pershing opened its position, but does not reference the investment letter when Pershing sold the Netflix stake. Additionally, the section says Pershing responded to the stock's decline by selling, which is inaccurate. Pershing sold its stake because it lost confidence in its ability to predict the company's future prospects with a sufficient degree of certainty. From the investor letter:
Deadline Hollywood (source) said, "Bill Ackman's Pershing Square Holdings, which made a high-profile purchase of Netflix shares in January after a dip in the stock price, said it sold the stake today, having 'lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty.'"
Could someone please correct this section? I propose replacing "In April, Netflix stock fell by 35%, and Ackman responded by selling his entire stake in the company" with "In April, Pershing Square sold its stake, citing a loss of confidence in being able to predict Netflix's future prospects", or similar. Thanks in advance for helping to update the page on my behalf. FMatPSCM (talk) 16:08, 6 June 2024 (UTC)
![]() | The user below has a request that an edit be made to Pershing Square Capital Management. That user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 167 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
Hello again. I'd like to submit another suggestion for the "Investment history" section, this time to add content about Air Products & Chemicals since Pershing held a board seat. I propose the following addition:
References
Thanks for considering this update. FMatPSCM (talk) 16:05, 13 June 2024 (UTC)
![]() | This edit request by an editor with a conflict of interest has now been answered. |
Hello again! I'd like to propose another article improvement.
The Company history section says: Ackman has been known to hire people outside of traditional finance backgrounds; for instance, his professionals have included a former fly fishing guide, a former tennis pro, and "a man whom he met in a cab".[1]
I propose removal of this text and source, per WP:FORBESCON at Wikipedia:Reliable sources/Perennial sources ("Most content on Forbes.com is written by contributors or 'Senior Contributors' with minimal editorial oversight, and is generally unreliable.")
References
Thanks for the continued assistance. FMatPSCM (talk) 14:06, 14 June 2024 (UTC)
![]() | The user below has a request that an edit be made to Pershing Square Capital Management. That user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 167 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
I'd like to propose another article improvement on behalf of PSCM.
The Platform Specialty Products Corporation section does not acknowledge that Pershing Square closed the position in 2019. Therefore, I propose the following update:
References
Thanks for considering this update. FMatPSCM (talk) 14:08, 14 June 2024 (UTC)