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If you purchased shares of Blyth, Inc. (NYSE:BTH) and currently hold any of those NYSE:BTH shares, you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
August 18, 2014 (Shareholders Foundation) - An investigation on behalf of investors in shares of Blyth, Inc. (NYSE:BTH) shares was initiated concerning potential violations of Federal Securities Laws by Blyth, Inc.
The investigation by a law firm focuses whether Blyth, Inc. and certain of its officers and/or directors have violated Federal Securities Laws.
On March 14, 2014, Blyth, Inc. reported its 4th quarter and 2013 sales and earnings. Blyth, Inc. reported that its Total Revenue declined from over $1.17 billion in 2012 to $885.45 million in 2013 and that its respective Net Income declined from $44.00 million to $2.43 million.
On May 2, 2014, Blyth, Inc. reported its 1st quarter 2014 sales and earnings. Blyth, Inc. reported that its first quarter Revenue declined from $233.09 million in 2013 to $175.67 million in 2014 and that its first quarter Net Income of $2.59 million in 2013 fell to a first quarter Net Loss of $2.76 million in 2014.
On August 1, 2014, Blyth, Inc. reported its 2nd quarter 2014 sales and earnings. Blyth, Inc. reported that its second quarter Revenue declined from $211.73 million in 2013 to $157.79 million in 2014 and that its second quarter Net Loss increased from $1.36 million in 2013 to $4.44 million in 2014.
Shares of Blyth, Inc. (NYSE:BTH) declined from as high as $44 per share in August 2012 to as low as $5.67 per share on August 4, 2014.
