SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of USANA Health Sciences, Inc. (USNA)
NEW YORK, Feb. 8, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of USANA Health Sciences, Inc. ("USANA" or the "Company") (NYSE: USNA). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/usna.
The investigation concerns whether USANA and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On February 7, 2017, after market hours, USANA revealed that "[t]he Company is voluntarily conducting an internal investigation of its China operations, BabyCare Ltd. . . . focus[ing] on the compliance with the Foreign Corrupt Practices Act . . . and certain conduct and policies at BabyCare, including BabyCare's expense reimbursement policies." USANA informed investors that the company had retained outside counsel to investigate and had notified both the Securities and Exchange Commission and the Department of Justice of its investigation. Following this news, USANA's stock has dropped sharply during intraday trading on February 8, 2017.
If you are aware of any facts relating to this investigation, or purchased USANA shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/usna. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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