Lost Money on e.l.f. Beauty, Inc.(ELF)?

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) contrary to its representations to investors, the Company was experiencing rising inventory levels as a consequence of flagging sales; (ii) Elf falsely attributed the rising inventory levels to, among other things, changes in its sourcing practices; (iii) to maintain investor confidence, Elf reported inflated revenue, profits, and inventory over several quarters; (iv) the Company's business and/or fina ...