The SEC has initiated administrative proceedings against Youngevity.

The federal regulator took action after noting Youngevity has “not filed any periodic reports since” September 2020.

Youngevity
is a publicly traded company under the ticker “YGYI”.

As alleged by the SEC in a
September 12th order
, Youngevity

is delinquent in its periodic filings with the Commission, has repeatedly failed to meet its obligation to file timely periodic reports, and failed to heed a delinquency letter sent to it by the Division of Corporation Finance requesting compliance with its periodic filing obligations or, through its failure to maintain a valid address on file with the Commission as required by Commission rules, did not receive such letter.

In view of the allegations made by the Division of Enforcement, the Commission deems it necessary and appropriate for the protection of investors that public administrative proceedings be instituted.

The SEC’s administrative proceedings will seek to establish whether the SEC’s allegations are true. If so, the SEC will then determine whether it’s “necessary and appropriate” to take further action against Youngevity.

Youngevity has been directed to file an answer to the SEC’s order within ten days. The SEC’s Enforcement Division then has 14 days to respond, after which a public hearing will be scheduled.

If Youngevity fails to answer, the SEC will consider them to be in default of the September 12th order.

Update 7th December 2023 – 
The SEC has
revoked all securities pertaining to Youngevity
, including its YGYI issued shares.

🤖 Quick Answer

What are the SEC's allegations against Youngevity International Inc.?
The SEC initiated administrative proceedings against Youngevity, alleging the publicly traded company has not filed periodic reports since September 2020. The regulator claims Youngevity repeatedly failed to meet filing obligations, ignored delinquency letters from the Division of Corporation Finance, and failed to maintain a valid address on file with the Commission as required by regulatory rules.

Why did the SEC take action against Youngevity?
The SEC took action because Youngevity, trading under ticker "YGYI," became delinquent in its periodic filings with the Commission. The company's failure to file any periodic reports for over three years constituted a violation of federal securities regulations requiring publicly traded companies to maintain current financial disclosures with the regulatory agency.

When did Youngevity stop filing reports with the SEC?
Youngevity ceased

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