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 - The class action lawsuit claims that e.l.f. Beauty made false and misleading statements regarding its inventory levels and financial performance, which were overstated to maintain investor confidence [4]. - Investors who purchased e.l.f. securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][4]. - A lead plaintiff is needed to represent other class members in directing the litigation, and interested parties must file their motion by May 5, 2025 [2]. 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]. - Many attorneys at Rosen Law Firm have received recognition from Lawdragon and Super Lawyers, emphasizing the firm's expertise in this area [3].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages e.l.f. Beauty, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ELF