e.l.f.(ELF) Newsfilter·2025-02-20 01:00Core Viewpoint - Berman Tabacco is investigating potential securities law violations by e.l.f. Beauty, Inc. following significant concerns regarding the company's revenue and a notable decline in its stock price [1][2]. Investigation Details - On November 20, 2024, concerns were raised by the CEO of Muddy Waters Capital, who indicated he was shorting e.l.f. Beauty's stock due to revenue-related issues [2]. - On February 7, 2025, e.l.f. Beauty's shares experienced a decline of up to 28% after the company lowered its fiscal-year projections for sales and profits [2]. Company Background - e.l.f. Beauty, Inc. is a cosmetics company based in Oakland, California, and is publicly traded on the NYSE under the ticker symbol ELF [1]. - Berman Tabacco has a long history of prosecuting securities cases on behalf of investors and has received recognition for its work in this field [3].