Faruqi & Faruqi, LLP, is pleased to announce that the Honorable Terry J. Hatter, Jr. of the United States District Court of the Central District of California has preliminarily approved a settlement in Kleinfeldt v. Sharing, et al., Case No. 2:16-cv-01547. The settlement provides for extensive corporate governance in exchange for the release of all claims alleged in the action. As a result, notice will be filed by Natural Health Trends Group, Inc. (“NHTG” or the “Company”) with the Securities and Exchange Commission in a Form 8-K, published via a Company press release, and posted, together with the Stipulation of Settlement on the Company’s website to advise shareholders who owned NHTC common stock as of March 9, 2018, and continue to own such shares, of their right to object to the settlement. The final fairness hearing is scheduled for July 16, 2018.
If you owned NHTC common stock as of March 9, 2018, and continue to own such shares, and would like to discuss your legal rights, call Faruqi & Faruqi partner, Stuart J. Guber, at 212-983-9330 or send an e-mail to sguber@faruqilaw.com.