Faruqi & Faruqi, LLP, a national securities law firm, stated that it is investigating potential securities fraud at Blyth, Inc. (BTH).
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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