The law firm of Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating potential federal securities claims against Nu Skin Enterprises, Inc. (“Nu Skin” or the “Company”) (NYSE:NUS) and certain of its officers and directors in connection with allegations that the Company made materially false and misleading statements regarding its sales practices and operations and, in particular, its compliance with Chinese laws and regulations as a result of the Company’s suspected participation in an illegal pyramid scheme.
In January 2014, two Chinese government agencies announced that they launched an investigation into the Company’s marketing and business practices. As a result, the Company’s stock price fell precipitously, over 44% in the two days of trading after these announcements. Nu Skin stock closed the trading day on January 17, 2014 at less than $80 per share.
Wolf Haldenstein has represented individual and institutional investors for many years, serving as lead counsel in numerous cases in United States federal and state courts. Please visit the Wolf Haldenstein website ( http://www.whafh.com) for more information about the firm.
Please contact us no later than March 24, 2014, if you own Nu Skin securities and wish to discuss this matter with us, or have any questions concerning your rights and interests:Gregory M. Nespole, Esq.Wolf Haldenstein Adler Freeman & Herz LLP270 Madison AvenueNew York, New York 10016 Phone Numbers:(800) 575-0735(212) 545-4657(917) 515-6161 Email: Classmember@whafh.com or firstname.lastname@example.org and please reference “Nu Skin Investigation.” Attorney Advertising
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