Faruqi & Faruqi, LLP, a national securities law firm, stated that it is investigating potential securities fraud at Blyth, Inc. (BTH: Quote).
The law firm revealed that the investigation focuses on whether the company and its executives violated federal securities laws by failing to disclose that: the viability of a weight loss business Blyth has a controlling interest in, ViSalus, Inc., was being overstated, masking declining performance in the company's other operating units and product lines.
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by RTT Staff Writer
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