e.l.f.(ELF)
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e.l.f. Beauty, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – ELF
GlobeNewswire News Room· 2025-03-26 15:27
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of e.l.f. Beauty, Inc. regarding a class action lawsuit due to alleged misleading statements and inflated financial reporting during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from November 1, 2023, to November 19, 2024 [3]. - Allegations include that e.l.f. Beauty issued materially false and misleading statements, failed to disclose rising inventory levels due to declining sales, and reported inflated revenue and profits to maintain investor confidence [3]. Impact on Company - The complaint suggests that the company's business and financial prospects were overstated, and the eventual revelation of these issues would likely have a material negative impact on the company [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by May 5, 2025, to potentially be appointed as lead plaintiffs and to receive updates on the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to the company's alleged deceitful practices [5].
ELF LAWSUIT ALERT: Levi & Korsinsky Notifies e.l.f. Beauty, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-03-25 21:52
NEW YORK, March 25, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in e.l.f. Beauty, Inc. ("e.l.f. Beauty" or the "Company") (NYSE: ELF) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of e.l.f. Beauty investors who were adversely affected by alleged securities fraud between November 1, 2023 and November 19, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/e-l-f-beauty-laws ...
ELF REMINDER: Kessler Topaz Meltzer & Check, LLP Urges ELF Investors with Losses to Contact the Firm
Prnewswire· 2025-03-25 00:57
Core Viewpoint - A securities class action lawsuit has been filed against e.l.f. Beauty, Inc. for allegedly making false and misleading statements regarding its business operations and financial prospects during the Class Period from November 1, 2023, to November 19, 2024 [1][2]. Allegations Against Defendants - The complaint claims that e.l.f. Beauty misrepresented rising inventory levels due to declining sales, attributing these levels to changes in sourcing practices [2]. - It is alleged that the company inflated revenue, profits, and inventory figures over several quarters to maintain investor confidence [2]. - The lawsuit asserts that the true financial condition of e.l.f. Beauty was overstated, and the eventual revelation of these facts would likely have a materially negative impact on the company [2]. Lead Plaintiff Process - Investors in e.l.f. Beauty have until May 5, 2025, to seek appointment as a lead plaintiff, representing the class in the litigation [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [4].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages e.l.f. Beauty, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ELF
GlobeNewswire News Room· 2025-03-24 02:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased e.l.f. Beauty, Inc. securities between November 1, 2023, and November 19, 2024, of the May 5, 2025, deadline to become lead plaintiffs in a class action lawsuit due to alleged misleading statements by the company [1][4]. Group 1: Class Action Details - Investors who bought Elf securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by May 5, 2025, to serve as lead plaintiff [2]. - The lawsuit alleges that Elf made false and misleading statements regarding its inventory levels, sales performance, and financial prospects, which were later revealed to be materially false [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [3].
e.l.f. Beauty, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – ELF
GlobeNewswire News Room· 2025-03-21 17:38
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in e.l.f. Beauty, Inc. ("e.l.f. Beauty" or the "Company") (NYSE: ELF) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of e.l.f. Beauty investors who were adversely affected by alleged securities fraud between November 1, 2023 and November 19, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/e-l-f-beaut ...
Faruqi & Faruqi Reminds e.l.f. Beauty Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - ELF
Prnewswire· 2025-03-21 15:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against e.l.f. Beauty, Inc. due to allegations of misleading financial statements and inflated revenue, with a class action lawsuit deadline set for May 5, 2025 [2][4]. Group 1: Allegations Against e.l.f. Beauty - The complaint alleges that e.l.f. Beauty and its executives violated federal securities laws by making false and misleading statements regarding rising inventory levels and sales performance [4]. - It is claimed that e.l.f. Beauty falsely attributed rising inventory levels to changes in sourcing practices rather than declining sales [4]. - The Muddy Waters Report accused e.l.f. Beauty of materially overstating revenue and profits over several quarters, indicating that the company concealed inventory challenges from investors [4]. Group 2: Financial Performance and Outlook - On February 6, 2025, e.l.f. Beauty revised its fiscal 2025 net sales growth forecast to 27%-28%, down from 28%-30%, and adjusted its EBITDA guidance to $289-293 million, down from $304-308 million [5]. - The company also anticipated net sales growth to be between -1% to +2%, citing softer consumption trends and slower-than-expected new product performance as reasons for the revision [5]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $50,000 in e.l.f. Beauty between November 1, 2023, and November 19, 2024, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, overseeing the litigation on behalf of the class [5].
ELF LAWSUIT ALERT: The Gross Law Firm Notifies e.l.f. Beauty, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-03-20 17:02
NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of e.l.f. Beauty, Inc. (NYSE: ELF). Shareholders who purchased shares of ELF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/e-l-f-beauty-loss-submission-form/?id=137122&from=3 DEADLINE: May 5, 2025 Shareho ...
e.l.f. Beauty, Inc. Class Action: The Gross Law Firm Reminds e.l.f. Beauty Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 5, 2025 - ELF
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of e.l.f. Beauty, Inc. (NYSE: ELF).Shareholders who purchased shares of ELF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/e-l-f-beauty-loss-submission-form/?id=137089&from=4CLASS PERIOD: November 1, 2023 to Nov ...
Class Action Announcement ELF: A Securities Fraud Class Action Lawsuit Was Filed Against e.l.f. Beauty, Inc. (ELF)
Prnewswire· 2025-03-19 20:40
RADNOR, Pa., March 19, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against e.l.f. Beauty, Inc. ("Elf") (NYSE: ELF) on behalf of those who purchased or otherwise acquired Elf securities between November 1, 2023, and November 19, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is May 5, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Elf losses, you may CLICK HE ...
e.l.f. Beauty, Inc. (ELF) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-03-19 16:00
Core Viewpoint - Investors in e.l.f. Beauty, Inc. have the opportunity to lead a securities fraud class action lawsuit due to alleged misrepresentations regarding the company's inventory levels and financial performance [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from November 1, 2023, to November 19, 2024, e.l.f. Beauty failed to disclose rising inventory levels linked to declining sales [2]. - The company falsely attributed the increase in inventory to changes in sourcing practices [2]. - To maintain investor confidence, e.l.f. reported inflated revenue, profits, and inventory over several quarters [2]. - The lawsuit claims that the company's business and financial prospects were overstated, and the eventual revelation of these issues would likely have a material negative impact on the company [2]. - Positive statements made by the company regarding its business operations and prospects were deemed materially misleading and lacked a reasonable basis [2].