Natural Health Trends Corporation
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Natural Health Trends Corporation |
Stock Symbol : | NASDAQ: NHTC |
Class Period Start: | 01/01/1970 |
Class Period End: | 01/05/2019 |
Lead Plaintiff motion: | 03/11/2019 |
Date Filed: | 01/08/2019 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Central District of California |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the March 11, 2019 lead plaintiff deadline in a class action lawsuit filed against Natural Health Trends Corporation (NASDAQ: NHTC) (“Natural Health Trends” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Natural Health Trends Corporation securities between April 27, 2016 and January 5, 2019, have until March 11, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Natural Health Trends 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 Natural Health Trends was operating as a pyramid scheme in China, which is contrary to Chinese law; consequently, Natural Health Trends was not in compliance with applicable Chinese law; and as a result, the Company's statements about Natural Health Trends' business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times. On January 5, 2019, China Central Television reported on Natural Health Trends, questioning the Company’s advertising and accusing the Company of running a “pyramid scheme.” Following this news, NASDAQ: NHTC fell $4.89, or 24.7%, to close at $14.88 per share on January 7, 2019. If you were negatively impacted by your investment in Natural Health Trends Corporation securities between April 27, 2016 and January 5, 2019 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. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Materials are provided for informational purposes only and do not constitute legal advice. We are only licensed to practice law in Germany. We are neither licensed nor qualified to render advice on US Federal or State law. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |