Thieler Law Corp advises investors with losses exceeding $100,000 of the November 14, 2016 lead plaintiff deadline in a class action lawsuit filed against Lifevantage Corporation (NASDAQ:LFVN) (“LifeVantage” or “the Company”). The suit is pending in the U.S. District Court for the District of Utah and investors, who purchased Lifevantage Corporation securities between November 4, 2015 and September 13, 2016, have until November 14, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Lifevantage Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that LifeVantage lacked effective internal financial controls; as a result, the Company had improperly accounted for sales in certain international markets, along with associated revenue and income tax accruals; and as a result of the above, the Company's public statements were materially false and misleading at all relevant times.

On September 13, 2016, LifeVantage revealed that it would delay the release of its fourth quarter and fiscal year 2016 financial results. The reason for the delay was for LifeVantage to carry out an internal review of sales into certain international markets and the revenue and income tax associated with those sales. LifeVantage disclosed that it is unable to estimate the impact of the review to aspects of its financial statements for the fiscal year ended June 30, 2016 or any potential prior periods.

Following this news, NASDAQ:LFVN  dropped $1.32, or 12.69%, to close at $9.08 on September 14, 2016.

If you were negatively impacted by your investment in Lifevantage Corporation securities between November 4, 2015 and September 13, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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