NEW YORK--(BUSINESS WIRE)--
Levi & Korsinsky, LLP announces that it has commenced an investigation of LifeVantage Corporation (“Lifevantage” or the “Company”) (NASDAQGM:LFVN) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On September 13, 2016, LifeVantage announced that it would delay the release of its fourth quarter and fiscal year 2016 financial results. The delay stems from an internal review of “sales into certain international markets and the revenue and income tax accruals associates with such sales.” 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. Upon this news, shares of LifeVantage were down more than 20% on intraday trading on September 14, 2016. To obtain additional information about the investigation, go to:
http://zlk.9nl.com/lifevantage-lfvn
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
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