Investigation Overview
January 7, 2016 (Shareholders Foundation) - An investigation on behalf of investors of Natural Health Trends Corp. (NASDAQ:NHTC) shares over potential securities laws violations by Natural Health Trends and certain of its directors and officers in connection certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Natural Health Trends Corp. (NASDAQ:NHTC) concerning whether a series of statements by Natural Health Trends regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Natural Health Trends Corp. reported that its Total Revenue rose from $31.16 million in 2011 to $124.59 million in 2014 and that its Net Income increased from $2.31 million in 2011 to $20.37 million in 2014.
Shares of Natural Health Trends Corp. (NASDAQ:NHTC) grew from $4.60 per share in early 2014 to as high as $51.46 per share in November 2015.
On January 7, 2016, various media outlets in China reported that Natural Health Trends Corp is suspected of violating Chinas multi level marketing law and is currently being investigated by Chinese authorities.
Shares of Natural Health Trends Corp. NASDAQ:NHTC) declined on January 7, 2016, to as low as $22.06 per share.