PROVO Nature's Sunshine Products Inc. said Friday that an administrative law judge has issued an initial decision to revoke the registration of the company's common stock.
The company said it is evaluating the decisions and plans to file a petition for review with the Securities and Exchange Commission, which started the proceeding involving the law judge.
The revocation was based on the company's failure to file required annual and periodic reports with the SEC. The company said the law judge decision "noted that although Nature's Sunshine has been working diligently to return to compliance, at this time, it is unable to project a date as to when it will file past-due and current periodic reports."
Nature's Sunshine Products manufactures and markets encapsulated and tableted herbal products, natural vitamins and complementary products.