A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Natural Health Trends Corp (NASDAQ: NHTC) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 12, 2018 and NASDAQ: NHTC investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/10/2018 -- A deadline is coming up on May 12, 2018 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Natural Health Trends Corp (NASDAQ: NHTC) between March 6, 2015 and March 15, 2016.
Investors who purchased a significant amount of shares of Natural Health Trends Corp (NASDAQ: NHTC) between March 6, 2015 and March 15, 2016, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The settlement proof of claim form or detailed settlement notice for the settlement in the Natural Health Trends Corp (NASDAQ: NHTC) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/natural-health-trends-corp-nasdaq-nhtc-investor-securities-class-action-lawsuit-01122016
In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 12, 2018. The class action administrator for this case is Strategic Claims Services.
The lawsuit was originally filed in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Natural Health Trends Corp in connection with certain allegedly false and misleading statements made between March 6, 2015 through January 12, 2016.
According to the complaint the plaintiff alleges on behalf of purchasers of Natural Health Trends Corp (NASDAQ: NHTC) common shares between March 6, 2015 through January 12, 2016, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 6, 2015 through January 12, 2016 the defendants issued certain false and misleading statements to investors and/or failed to disclose that the operations of Natural Health Trends' Chinese entity is not in compliance with applicable Chinese laws, and that as a result, Defendants' statements about Natural Health Trends' business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Natural Health Trends Corp (NASDAQ: NHTC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com