SOURCE: Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP

February 10, 2016 15:59 ET

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in Natural Health Trends Corp. to Contact the Firm Before Lead Plaintiff Deadline

NEW YORK, NY--(Marketwired - February 10, 2016) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Natural Health Trends Corp. ("Natural Health Trends Corp." or the "Company") (NASDAQ: NHTC) of the March 14, 2016 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers.

The lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all those who purchased Natural Health Trends Corp. securities between March 6, 2015 and January 12, 2016 (the "Class Period"). The case, Robert Ford v. Natural Health Trends Corp. et al, No. 2:16-cv-00255 was filed on January 12, 2016, and has been assigned to Judge Terry J. Hatter, Jr.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that Natural Health Trends' Chinese entity does not operate in compliance with certain applicable Chinese regulations and laws.

Specifically, on January 7, 2016, an article published in Seeking Alpha reported that the Company is under investigation by Chinese authorities. On this news, the Company's share price fell from $29.03 per share on January 6, 2016 to a closing price of $25.92 on January 7, 2016 -- a $3.11 or a 10.7% drop.

Then, on January 11 and 12, 2016, GeoInvesting LLC issued two reports about investigations into the Company's compliance by Chinese authorities, corroborating earlier reports. On this news, the Company's share price fell from $23.35 per share on January 8, 2016 to a closing price of $20.70 on January 7, 2016 -- a $2.65 or a 11.3% drop. Then it fell from $20.70 per share on January 11, 2016 to a closing price of $19.18 on January 12, 2016 -- a $1.52 or a 7.3% drop.

Request more information now by clicking here: www.faruqilaw.com/NHTC. There is no cost or obligation to you.

Take Action

If you invested in Natural Health Trends securities between March 6, 2015 and January 12, 2016 and would like to discuss your legal rights, visit www.faruqilaw.com/NHTC. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding Natural Health Trends's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class that is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. 

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

Contact Information

  • FARUQI & FARUQI, LLP
    685 Third Avenue, 26th Floor
    New York, NY 10017
    Attn: Richard Gonnello, Esq.
    Email contact

    Telephone: (877) 247-4292 or (212) 983-9330