|[March 05, 2014]
Nu Skin Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor Investigate Possible Breaches of Fiduciary Duty by Officers and Directors
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe, founder of The
Briscoe Law Firm, PLLC, and the securities litigation firm of Powers
Taylor LLP announce that a federal class action lawsuit has been
filed against Nu Skin Enterprises, Inc. ("Nu Skin" or "Company") (NYSE:
NUS) and several officers and directors for acts taken during the perod
of July 10, 2013 to January 14, 2014 (the "Class Period").
Based upon the allegations in the class action, the firms are
investigating additional legal claims against the officers and Board of
Directors of Nu Skin. If you are an affected Nu Skin shareholder and
want to learn more about the lawsuit or join the action, contact Willie
Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com,
or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, or via
e-mail at firstname.lastname@example.org.
There is no cost or fee to you.
In the complaint, the defendants are alleged to have violated certain
provisions of the Securities Exchange Act of 1934. Specifically, the
complaint alleges that defendants' misrepresented and/or failed to
disclose that: Nu Skin was involved in fraudulent sales practices and
was not compliant with China's laws and regulations. Specifically in
January 2014, reports were released alleging that Nu Skin was operating
an illegal pyramid scheme. As a result, Nu Skin's securities fell almost
Briscoe Law Firm, PLLC is a full service business litigation,
commercial transaction, and public advocacy firm with more than 20 years
of experience in complex litigation and transactional matters.
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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