DEADLINE ALERT: Brower Piven Reminds Investors Of The Upcoming Deadline In Class Action Lawsuit And Encourages Investors With
Losses In Excess of $100,000 From Investment In USANA Health Sciences, Inc. To Contact The Firm
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been
commenced in the United States District Court for the District of Utah on behalf of purchasers of USANA Health Sciences, Inc.
(NYSE: USNA) (“USANA” or the “Company”) securities during the period between March 14, 2014 and February 7, 2017, inclusive (the
“Class Period”). Investors who wish to become proactively involved in the litigation have until April 14, 2017 to seek appointment
as lead plaintiff.
If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff and be selected by
the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a
settlement for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from
investment in USANA securities during the Class Period. Members of the Class will be represented by the lead plaintiff and counsel
chosen by the lead plaintiff. No class has yet been certified in the above action.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants’ failure
to disclose during the Class Period that the Company’s BabyCare subsidiary had engaged in improper reimbursement practices in
China, which constituted violations of the Foreign Corrupt Practices Act (“FCPA”) and the Company’s China revenues were in part the
product of unlawful conduct and unlikely to be sustainable.
According to the complaint, following a February 7, 2017 announcement that the Company is conducting an internal investigation
of its China operations, focusing on the compliance with the FCPA, the value of USANA shares declined significantly.
If you have suffered a loss in excess of $100,000 from investment in USANA securities purchased on or after March 14, 2014 and
held through the revelation of negative information during and/or at the end of the Class Period and would like to learn more about
this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at
http://www.browerpiven.com/currentsecuritiescases.html. You may also request more information by contacting
Brower Piven either by email at hoffman@browerpiven.com or by telephone
at (410) 415-6616. Brower Piven also encourages anyone with information regarding the Company’s conduct during the period in
question to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s. If you choose to retain counsel, you may retain Brower Piven without
financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a
member of the class.
Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153
hoffman@browerpiven.com
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