Blyth, Inc. is an American marketing and manufacturing company that sells personal and decorative products such as candles. The Company's subsidiary Visalus, Inc. is a multilevel weight loss marketing company.

According to the law firm press release, 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 nature and ongoing viability of the strong results being reported for Visalus were being overstated, and that this was masking declining performance in the Company’s other operating units and product lines.

The Complaint alleges that beginning with a September 21, 2012 Moody’s Investors Services cut in its outlook for the Company, the market began to learn through a series of partial disclosures ending on November 6, 2012, that the Company’s financial soundness and business metrics were not as they had been represented during the Class Period. As Blyth’s stock price was pummeled with each of these revelations, more than $462 million in market capitalization was simply erased.

On February 5, 2013, the court issued an order appointing lead Plaintiff and approving the selection of lead Counsel. On April 12, 2013, the lead Plaintiff filed an Amended Complaint.

This case was ordered dismissed on March 31, 2014.