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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].
e.l.f. Beauty: I Was Wrong (Rating Downgrade)
Seeking Alpha· 2025-03-18 21:49
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Amrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winn ...
NYSE: ELF: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against e.l.f. Beauty, Inc.
GlobeNewswire News Room· 2025-03-18 18:14
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]. Group 1: Allegations Against e.l.f. Beauty - The lawsuit claims that e.l.f. Beauty's management misrepresented the company's inventory levels, attributing rising inventory to changes in sourcing practices rather than declining sales [2]. - It is alleged that the company inflated its reported revenue, profits, and inventory over several quarters to maintain investor confidence, which overstated its business and financial prospects [2]. - The complaint suggests that the eventual revelation of these misrepresentations would likely have a materially negative impact on the company [2]. Group 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 small 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]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and encourages affected investors to contact them for more information [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].
Shareholders that lost money on e.l.f. Beauty, Inc.(ELF) should contact Levi & Korsinsky about pending Class Action - ELF
Prnewswire· 2025-03-18 09:45
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 ...
INVESTOR ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against e.l.f. Beauty, Inc. and Certain Officers - ELF
Prnewswire· 2025-03-17 16:28
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].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in e.l.f. Beauty, Inc. Lawsuit - ELF
Prnewswire· 2025-03-17 09:45
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 ...
Why e.l.f. Beauty Is A Buy At Its Current Levels
Seeking Alpha· 2025-03-17 07:26
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]