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TMCNet:  EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against USANA Health Sciences Inc. - USNA

[July 21, 2014]

EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against USANA Health Sciences Inc. - USNA

NEW YORK --(Business Wire)--

The Rosen Law Firm, P.A. announces that it is investigating potential civil securities claims against USANA Health Sciences Inc. (NYSE:USNA) resulting from allegations that USANA may have made false and misleading disclosures concerning its operations, true financial condition, and prospects.

On July 15, 2014, Citron Research issued a report stating that as much as one third of USANA's revenue and half its revenue growth rest on its widespread illegal multi-level marketing ("MLM") operations in China. The report further stated that multiple media outlets in China have recently exposed USANA's MLM operations in Chia. On that same day, CNBC contributor Herb Greenberg suggested that USANA might be in violation of China's direct-sales rules.


The Rosen Law Firm is preparing a class action lawsuit on behalf of USANA investors. If you purchased USANA securities prior to July 15, 2014, you may visit the website at http://rosenlegal.com to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.


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