SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Natural Health Trends Corporation - NHTC2 Views
NEW YORK, NY / ACCESSWIRE / January 11, 2019 / Pomerantz LLP is investigating claims on behalf of investors of Natural Health Trends Corporation (''Natural Health'' or the ''Company'') (NASDAQ: NHTC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
The investigation concerns whether Natural Health and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On January 5, 2019, a segment was aired on China Central Television, which claimed that the Company is operating illegally in China. The report claimed that the Company was operating as a pyramid scheme. The report highlighted the Company's questionable sales practices in China and potentially false advertising.
On this news shares of National Health fell over 24% to close at $14.88 on January 7, 2019.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
SOURCE: Pomerantz LLP