Cases
Natural Health Trends Corp. (NHTC)
Securities Class Action
Overview
Overview
- Date:
- 1/9/2019
- Company Name:
- Natural Health Trends Corp.
- Stock Symbol:
- NHTC
- Class Period:
- FROM 4/27/2016 TO 1/5/2019
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Central California
NEW YORK, January 9, 2019 –Bragar Eagel & Squire is investigating certain officers and directors of National Health Trends Corp. (NASDAQ: NHTC) following a complaint that was filed against Natural Health Trends on January 8, 2019.
The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Natural Health Trends was operating as a pyramid scheme in China, which is contrary to Chinese law; (2) consequently, Natural Health Trends was not in compliance with applicable Chinese law; and (3) as a result, defendants' statements about Natural Health Trends’ business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you are a long term stockholder of Natural Health shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Natural Health Trends was operating as a pyramid scheme in China, which is contrary to Chinese law; (2) consequently, Natural Health Trends was not in compliance with applicable Chinese law; and (3) as a result, defendants' statements about Natural Health Trends’ business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you are a long term stockholder of Natural Health shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.