INVESTOR UPDATE: Rosen Law Firm Continues to Investigate Securities Claims Against Herbalife Ltd. - HLF
NEW YORK, March 25, 2016 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is continuing to investigate potential securities claims on behalf of purchasers of Herbalife Ltd. securities (NYSE:HLF) from August 6, 2015 through March 2, 2016 resulting from allegations that Herbalife may have issued materially misleading business information to the investing public.
On March 3, 2016, Herbalife announced that it misstated an important member growth metric 28 times over three earnings calls since last year. On this news, shares of Herbalife fell $3.96 per share or over 7% from its previous closing to close at $52.42 per share on March 3, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Herbalife investors. If you purchased shares of Herbalife from August 6, 2015 through March 2, 2016, please visit the firm’s website at http://rosenlegal.com/cases-269.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
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.
Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 lrosen@rosenlegal.com pkim@rosenlegal.com kchan@rosenlegal.com www.rosenlegal.com
