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January 03, 2013 18:19 ET
UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Blyth, Inc. of Class Action Lawsuit and the Deadline of January 12, 2013 to Seek a Lead Plaintiff Position
NEW YORK, NY--(Marketwire - Jan 3, 2013) - January 3, 2013 - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased Blyth, Inc. ("Blyth" or the "Company") (
For more information, click here: [ http://zlk.9nl.com/blyth-bth ].
The complaint alleges that, during the Class Period, defendants issued materially false and misleading statements regarding the Company's financial performance and future prospects. In particular, the complaint alleges that the Company overstated the viability of ViSalus, Inc., a weight loss marketing company in which Blyth holds a controlling interest, in order to mask declining performance in the Company's other units and lines.
If you suffered a loss in Blyth you have until January 12, 2013 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (877) 363-5972, or visit [ http://zlk.9nl.com/blyth-bth/ ].
Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has 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.