NEW YORK, Jan. 16, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Nu Skin Enterprises, Inc. ("Nu Skin" or the "Company") (NYSE: NUS), concerning whether the board has breached its fiduciary duties to shareholders.
On January 15, 2014, an article was published in the People's Daily newspaper of China reporting that the Company's Chinese operations are conducted in violation of Chinese law and are effectively a pyramid scheme. On January 16, 2014, a Chinese government entity announced an investigation of Nu Skin based on the reporting in the People's Daily article.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Nu Skin shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Samuel K. Rosen, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP