We are investigating possible securities fraud claims against Nu Skin Enterprises, Inc. resulting from inaccurate statements Nu Skin made regarding its business practices, financial statements and prospects.
Our investigation focuses on the extent to which Nu Skin issued false and misleading statements regarding its business practices, financial statements, past and future business performance and prospects. Specifically, China's State Administration for Industry and Commerce ordered local authorities to investigate media reports that allege Nu Skin distributes false information and conducts illegal business in China. China’s SAIC alleges that Nu Skin has been exaggerating its influence and creditworthiness in company brochures by passing advertisements for news reports, and organizing "brainwashing" gatherings. The company is suspected of conducting illegal multi-level marketing activities.