This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Faruqi & Faruqi, LLP Is Investigating Blyth Inc. On Behalf Of Its Shareholders - BTH

NEW YORK, April 9, 2013 /PRNewswire/ -- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and the enforcement of federal antitrust laws, is investigating potential wrongdoing at Blyth Inc. ("Blyth" or the "Company") (NYSE: BTH).  The investigation focuses on whether certain executive officers and directors of Blyth breached their fiduciary duties by issuing false and misleading statements that failed to disclose that the viability of a weight loss business Blyth has a controlling interest in, ViSalus, Inc., was being overstated, masking declining performance in the Company's other operating units and product lines.

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO )

On September 21, 2012 Moody's Investors Services cut its outlook for the Company.  The market then began to learn through a series of partial disclosures ending on November 6, 2012, that the Company's financial soundness and business metrics were not as positive as they had been represented earlier in the year.  The subsequent decline in Blyth's stock price caused the loss of more than $462 million in the Company's market capitalization value.  Shareholders interested in seeking to recover damages on behalf of Blyth and to implement corporate governance measures designed to prevent future misconduct should contact the firm.

Request more information now by clicking here: www.faruqilaw.com/Blyth.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action and derivative litigation.  The firm is focused on providing exemplary legal services in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.

If you hold BTH shares and you would like to discuss your legal rights, visit www.faruqilaw.com/Blyth. You can also contact us by calling Michael J. Hynes free at 877-247-4292 or at 215-277-5770 or by sending an e-mail to mhynes@faruqilaw.com.

Contact:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,131.84 -242.92 -1.48%
S&P 500 1,925.30 -25.83 -1.32%
NASDAQ 4,693.3540 -40.1430 -0.85%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs