An investigation for investors in Nu Skin Enterprises, Inc. (NYSE:NUS) shares over potential securities laws violations by Nu Skin Enterprises was announced and NYSE:NUS stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 08/20/2014 --An investigation on behalf of investors of Nu Skin Enterprises, Inc. (NYSE:NUS) shares over potential securities laws violations by Nu Skin Enterprises and certain of its directors and officers in connection certain financial statements was announced.

If you purchased shares of Nu Skin Enterprises, Inc. (NYSE:NUS), you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Nu Skin Enterprises, Inc. (NYSE:NUS) concerning whether a series of statements by Nu Skin Enterprises, Inc. (NYSE:NUS regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Nu Skin Enterprises, Inc. reported that its annual Total Revenue rose from over $1.53 billion in 2010 to over $3.17 billion in 2013 and that its respective Net Income increased from $136.05 million to $364.89 million. Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) grew from slightly below $30 per share in early January 2011 to as high as $137.92 per share on January 9, 2014.

Then on January 15, 2014 a report in the People's Daily, a Chinese newspaper, criticized certain business practices of Nu Skin Enterprises, Inc. The report alleged that Nu Skin Enterprises, Inc. was a “suspected illegal pyramid scheme”. The same day Nu Skin Enterprises said the report contained inaccuracies and exaggerations that are not representative of Nu Skin’s business in China. On January 16, 2014, China’s news agency Zinhau reportedly said that China's State Administration for Industry and Commerce ordered local authorities to investigate media reports that allege Nu Skin Enterprises, Inc. distributes false information and conducts illegal business in China.

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) declined from almost $138 per share in early January 2014 to as low as $70.04 per share in early February 2014.

On August 5, 2014, Nu Skin Enterprises, Inc. announced its second quarter results, reporting a 73% drop in quarterly profit as costs jumped and sales in Greater China, its biggest market, fell 12%. Nu Skin Enterprises, Inc. said that it earned $1.13 per share with revenue of $650 million, well below analysts’ expectations of $1.27 per share on revenue of $709 million. Nu Skin Enterprises, Inc. also stated that it would restate its first quarter results to include about $28 million in charges reflecting high inflation rates in Venezuela and a tax rebate for its China headquarters.

On August 18, 2014, NYSE: NUS shares closed at $49.59 per share.

Those who purchased shares of Nu Skin Enterprises, Inc. (NYSE:NUS) 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