The law firm of Wolf Haldenstein Adler Freeman & Herz LLP announces that
it is investigating potential federal securities claims against Nu Skin
Enterprises, Inc. (“Nu Skin” or the “Company”) (NYSE:NUS) and certain of
its officers and directors in connection with allegations that the
Company made materially false and misleading statements regarding its
sales practices and operations and, in particular, its compliance with
Chinese laws and regulations as a result of the Company’s suspected
participation in an illegal pyramid scheme.
In January 2014, two Chinese government agencies announced that they
launched an investigation into the Company’s marketing and business
practices. As a result, the Company’s stock price fell precipitously,
over 44% in the two days of trading after these announcements. Nu Skin
stock closed the trading day on January 17, 2014 at less than $80 per
share.
Wolf Haldenstein has represented individual and institutional investors
for many years, serving as lead counsel in numerous cases in United
States federal and state courts. Please visit the Wolf Haldenstein
website (http://www.whafh.com)
for more information about the firm.
Please contact us no later than March 24, 2014, if you own Nu
Skin securities and wish to discuss this matter with us, or have any
questions concerning your rights and interests:
Gregory M. Nespole, Esq.
Wolf Haldenstein Adler Freeman & Herz LLP
270
Madison Avenue
New York, New York 10016
Phone Numbers:
(800) 575-0735
(212) 545-4657
(917)
515-6161
Email:
Classmember@whafh.com
or nespole@whafh.com and please
reference “Nu Skin Investigation.”
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Copyright Business Wire 2014