SAN DIEGO, Sept. 14, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by LifeVantage Corporation (NASDAQ: LFVN) and certain of its officers. LifeVantage researches, develops and distributes nutraceutical dietary supplements and skin care products.
On September 13, 2016, LifeVantage announced that it would delay the release of its fourth quarter and fiscal year 2016 financial results. The delay centers on the Company's review of its sales into certain international markets and the revenue and income tax and the associated accruals. The Company stated that it is currently unable to estimate the impact of the review to net revenue, tax expense, net income or other aspects of its financial statements for the fiscal year ended June 30, 2016 or any potential prior periods.
On the news LifeVantage shares were trading down over 24% in pre-market on September 14, 2016.
If you have information that could assist in this investigation, including past employees and others, or if you are a LifeVantage shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP