NEW YORK, March 18, 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 ...

Core Viewpoint - A class action lawsuit has been filed against e.l.f. Beauty, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from November 1, 2023, to November 19, 2024, seeking damages for misleading statements regarding the company's business and financial health [1][4][5]. Company Overview - e.l.f. Beauty, Inc. provides cosmetic and skin care products under various brand names, employing an "omni-channel distribution strategy" that includes retail partnerships and direct e-commerce sales [3]. - The company positions itself with a value proposition of accessible pricing, with an average product price point of approximately $6, significantly lower than competitors [3]. - e.l.f. claims to have a scalable, asset-light supply chain primarily based in China, allowing for cost competitiveness and flexibility in manufacturing [3]. Financial Performance and Inventory Management - Effective inventory management is critical for e.l.f.'s financial performance, as revenue is derived from sales net of discounts, returns, and markdowns [3]. - The company faced challenges in inventory management, with rising inventory levels indicating flagging sales, which were allegedly concealed from investors [4][6]. - Throughout the Class Period, e.l.f. reportedly made materially false statements about its business health, including inflated revenue and profits, while failing to disclose rising inventory levels due to insufficient sales [4][5]. Impact of Allegations - Following the release of a report by Muddy Waters Research alleging that e.l.f. had materially overstated revenue, the company's stock price fell by $2.71 per share, or 2.23%, on November 20, 2024 [6][7]. - After the Class Period, e.l.f. revised its fiscal 2025 outlook, expecting net sales growth to be 27%-28%, down from previous guidance, and adjusted EBITDA guidance to $289-293 million, reflecting a decline in sales expectations [8]. - By March 5, 2025, e.l.f.'s stock price had declined to $64.67 per share, representing a nearly 47% drop since the inventory management issues were revealed [9].

NEW YORK, March 17, 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=136027&from=4 CLASS PERIOD: November 1, 2023 to No ...

Core Viewpoint - The article discusses investment strategies focusing on capital appreciation through high-quality undervalued companies and dividend-paying stocks, emphasizing the importance of reasonable pricing for investment opportunities. Group 1: Investment Strategies - The company is interested in capital appreciation opportunities, including purchasing high-quality undervalued companies [1] - The company also invests in dividend-paying stocks, provided they are good companies and correctly priced [1] Group 2: Research and Analysis - The company has been involved in acoustics and noise research, indicating a strong analytical background that supports investment decisions [1]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In e.l.f. Beauty To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in e.l.f. Beauty between November 1, 2023 and November 19, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 15, 2025 (GLOBE NEWS ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In e.l.f. Beauty To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in e.l.f. Beauty between November 1, 2023 and November 19, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 15, 2025 (GLOBE NEWS ...

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 serve as lead plaintiff in a class action lawsuit [1][2] Group 1: Class Action Details - Investors 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 e.l.f. Beauty made false and misleading statements regarding its inventory levels and financial performance during the class period [4] Group 2: Allegations Against e.l.f. Beauty - The lawsuit claims that e.l.f. Beauty was experiencing rising inventory levels due to declining sales, contrary to its public statements [4] - It is alleged that the company falsely attributed rising inventory levels to changes in sourcing practices and reported inflated revenue and profits [4] - The lawsuit suggests that the true financial condition of e.l.f. Beauty was overstated, which likely led to material negative impacts once revealed [4] Group 3: 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 [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]

Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of e.l.f. Beauty, Inc. securities during the specified Class Period from November 1, 2023, to November 19, 2024, due to alleged misleading statements and inflated financial reporting [1][5]. Group 1: Lawsuit Details - The lawsuit claims that e.l.f. Beauty made false and misleading statements regarding its inventory levels, attributing rising inventory to changes in sourcing practices while actually experiencing declining sales [5]. - It is alleged that e.l.f. inflated its revenue, profits, and inventory over several quarters to maintain investor confidence, which overstated the company's business and financial prospects [5]. - The lawsuit indicates that once the true details were revealed, investors suffered damages due to the misleading public statements made by e.l.f. [5]. Group 2: Participation Information - Investors who purchased e.l.f. securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must move the Court by May 5, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm Background - Rosen Law Firm specializes in securities class actions and has a strong track record, having achieved significant settlements for investors, including over $438 million in 2019 alone [4]. - The firm has been recognized for its success in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].

NEW YORK, March 13, 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=135497&from=4CLASS PERIOD: November 1, 2023 to Nov ...

Core Viewpoint - ClaimsFiler has announced that investors have until May 5, 2025, to file lead plaintiff applications in a securities class action lawsuit against e.l.f. Beauty, Inc. for failing to disclose material information during the Class Period from November 1, 2023, to November 19, 2024 [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that e.l.f. Beauty and certain executives violated federal securities laws by not disclosing material information during the Class Period [3]. - The case is identified as Rottman v. e.l.f. Beauty, Inc., et al., No. 25-cv-2316 [6]. Group 2: Financial Impact - On November 20, 2024, following a report from Muddy Waters Research, e.l.f. Beauty's stock price fell by $2.71, or 2.23%, closing at $119.00 per share due to claims of materially overstated revenue and inventory issues [4][5]. - After the release of fiscal Q3 2025 results on February 6, 2025, which confirmed previous weaknesses, the stock price dropped by $17.36, or 19.62%, closing at $71.13 per share on February 7, 2025 [5]. Group 3: Investor Resources - ClaimsFiler provides a free service for investors to access information and submit claims related to securities class action lawsuits [7]. - Investors can register for free, upload portfolio data, and receive notifications about relevant securities cases [7].