EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against LifeVantage Corporation – LFVN
September 16 2016 - 11:56AM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of
LifeVantage Corporation securities (NASDAQ:LFVN) from November 4,
2015 through September 13, 2016, both dates inclusive (the “Class
Period”). The lawsuit seeks to recover damages for LifeVantage
investors under the federal securities laws.
To join the LifeVantage class action, go to the firm’s website
at http://www.rosenlegal.com/cases-952.html or call Phillip Kim,
Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants
issued false and misleading statements to investors and/or failed
to disclose that: (1) LifeVantage lacked effective internal
financial controls; (2) LifeVantage had improperly accounted for
sales in certain international markets, along with associated
revenue and income tax accruals; and (3) as a result, defendants’
statements about LifeVantage’s business, operations and prospects
were materially false and misleading and/or lacked a reasonable
basis at all relevant times. When the true details entered the
market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
November 14, 2016. A lead plaintiff is a representative party
acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://www.rosenlegal.com/cases-952.html for more
information. You may also contact Phillip Kim, Esq. or Kevin Chan,
Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:Laurence Rosen, Esq.Phillip Kim, Esq.Kevin
Chan, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 34th FloorNew
York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax:
(212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160916005613/en/
Rosen Law Firm866-767-3653Phillip Kim,
Esq.pkim@rosenlegal.comorKevin Chan, Esq.kchan@rosenlegal.com
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