Shareholders Foundation, Inc.

Lifevantage Corporation (NASDAQ:LFVN) Investor Alert: Investigation over Potential Securities Laws Violations

An investigation for investors in NASDAQ:LFVN shares over potential securities laws violations by Lifevantage Corporation was announced and current long-term NASDAQ:LFVN stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 12/11/2012 -- An investigation on behalf of investors in Lifevantage Corporation (NASDAQ:LFVN) shares was announced concerning whether potential securities laws violations occurred.

Investors who purchased shares of Lifevantage Corporation (NASDAQ:LFVN), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns potential claims on behalf of purchasers of the securities of Lifevantage Corporation (NASDAQ:LFVN) concerning potential violations of federal securities laws

Lifevantage Corporation (NASDAQ:LFVN) reported that its Total Revenue rose from $38.92 million for the 12 months period that ended on June 30, 2011 to $126.18 million for the 12 months period that ended on June 30, 2012 and its Net Loss of $50.79 million for the 12 months period that ended on June 30, 2011 turned into a Net Income of $12.47 million for the 12 months period that ended on June 30, 2012.

Then on Dec. 6, 2012, Lifevantage Corporation announced that it is contacting affected independent distributors and other customers to voluntarily recall and replace bottles of its ProtandimĀ®, the Nrf2 SynergizerĀ®, dietary supplement from the certain lots. Lifevantage Corporation said it is taking this action due to the possible inclusion of small metal fragments in the final product.

Shares of Lifevantage Corporation (NASDAQ:LFVN) declined from $2.50 on Dec. 5 to $1.859 on Dec. 6, 2012.

On December 10, 2012, NASDAQ:LGVN shares closed at $1.98 per share.

Those who purchased shares of Lifevantage Corporation (NASDAQ:LFVN), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com