EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against USANA Health Sciences Inc. – USNA
22 7월 2014 - 5:10AM
Business Wire
The Rosen Law Firm, P.A. announces that it is investigating
potential civil securities claims against USANA Health Sciences
Inc. (NYSE:USNA) resulting from allegations that USANA may have
made false and misleading disclosures concerning its operations,
true financial condition, and prospects.
On July 15, 2014, Citron Research issued a report stating that
as much as one third of USANA’s revenue and half its revenue growth
rest on its widespread illegal multi-level marketing (“MLM”)
operations in China. The report further stated that multiple media
outlets in China have recently exposed USANA’s MLM operations in
China. On that same day, CNBC contributor Herb Greenberg suggested
that USANA might be in violation of China’s direct-sales rules.
The Rosen Law Firm is preparing a class action lawsuit on behalf
of USANA investors. If you purchased USANA securities prior to July
15, 2014, you may visit the website at http://rosenlegal.com to
join the action. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via
e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue 34th FloorNew York, New York
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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