E.L.F. BEAUTY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against e.l.f. Beauty, Inc. - ELF
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E.L.F. Beauty (ELF) is facing securities class action lawsuits alleging the company misrepresented its financial performance between May 25, 2023 and February 6, 2025. Muddy Waters Research reported the company overstated revenue, inflated profits, and concealed inventory challenges. Following these allegations, ELF's stock price dropped significantly on two occasions: 2.23% on November 20, 2024, and 19.62% on February 7, 2025.
April 16, 2025 | 3:00 am
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Class action lawsuit claims ELF misrepresented financial performance, potentially damaging investor confidence and stock valuation.
The lawsuit alleges systematic financial misrepresentation, which could lead to potential financial penalties, reputational damage, and reduced investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100