SAN FRANCISCO, March 07, 2016 -- Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, alerts investors of the March 14, 2016, lead plaintiff deadline in the securities fraud class action lawsuit against Natural Health Trends Corporation (NASDAQ:NHTC) related to the recent plunge in the Company’s share price. Natural Health Trends is under investigation by the Beijing Chaoyang District SAIC and the Chinese Public Security Bureau.
If you suffered losses because of your purchases of Natural Health Trends securities between March 6, 2015 and January 12, 2016, contact Hagens Berman Partner Reed Kathrein, who is leading the firm’s investigation by calling 510-725-3000, emailing [email protected] or visiting https://www.hbsslaw.com/cases/NHTC. The lawsuit was filed in the U.S. District Court for the Central District of California and investors have until March 14, 2016 to move the court to participate as a lead plaintiff.
Natural Health Trends operates as an international direct-selling and e-commerce company, and controls wholly-owned subsidiaries that have an active presence in North America, China, South Korea, Japan, and Europe. In China, the Company sells directly to consumers through its e-commerce platform.
On January 7, 2016, Seeking Alpha reported that the Company is under investigation by Chinese authorities. On this news, shares of Natural Health Trends fell $3.11 per share or over 10% from its previous closing price to close at $25.92 per share on January 7, 2016.
Then, on January 11 and 12, 2016, analyst firm GeoInvesting LLC issued two reports about the Company that corroborated earlier reports about the investigation, even though Natural Health Trends denied knowledge of any such investigation. On these two days, the stock dropped again, dropping $2.65 per share, over 11%, on January 11, 2016 and an additional $1.51 per share, or over 7%, to close at $19.18 per share on January 12, 2016.
“While the stock’s recent drop relates only to the Chinese investigation, we continue to investigate the sudden slip starting around late December,” said Hagens Berman partner Reed Kathrein. “Often such a decline, on no discernable publicly reported news, means insiders or others are bailing out on anticipated news not shared with the public.”
Whistleblowers: Persons with non-public information regarding Natural Health Trends in the United States or China should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new SEC whistleblower program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email [email protected].
About Hagens Berman
Hagens Berman is headquartered in Seattle, Washington with offices in 10 cities. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Firm and its successes can be found at www.hbsslaw.com. Read the Firm’s Securities Newsletter, and visit the blog. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact: Reed Kathrein, 510-725-3000


European Car Sales Surge in March as EV and Hybrid Demand Accelerates
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges
Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand
Ethiopian Airlines Expands Fleet with New Boeing 787 Dreamliner Order to Boost Global Routes
Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture
LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal
Meta Expands AI Training With Employee Activity Tracking Tools
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs
OPmobility Reports Q1 Revenue Dip Amid Automotive Industry Slowdown
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 



