NEW YORK, Sept. 14, 2016 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential securities fraud at LifeVantage Corporation
("LifeVantage" or the "Company") (NASDAQ:LFVN).
The investigation focuses on whether the Company and its
executives violated federal securities laws by failing to disclose
potential accounting procedure errors in its fourth quarter and
full fiscal year 2016 results.
Specifically, after markets closed on September 13, 2016, the Company announced
that it would not release its fourth quarter and fiscal year 2016
financial results on time due to accounting issues on sales into
certain international markets and the revenue and income tax
accruals associated with such sales. The Company also stated that
an independent review by the Company's Audit Committee is currently
underway. Since the announcement, Company's share price has
dropped.
Request more information now by clicking here:
www.faruqilaw.com/LFVN. There is no cost or obligation to
you.
Take Action
If you invested in LifeVantage stocks or options and would like
to discuss your legal rights, visit www.faruqilaw.com/LFVN.
You can also contact us by calling Richard
Gonnello toll free at 877-247-4292 or at 212-983-9330 or by
sending an e-mail to rgonnello@faruqilaw.com. Faruqi &
Faruqi, LLP also encourages anyone with information regarding
LifeVantage's conduct to contact the firm, including
whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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