E.L.F. BEAUTY ALERT: Bragar Eagel & Squire, P.C. is Investigating e.l.f.

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against e.l.f. Beauty, Inc. due to a class action complaint alleging breaches of fiduciary duties by the company's board of directors [1][2] Group 1: Allegations and Financial Misconduct - The complaint alleges that e.l.f. Beauty made false and misleading statements to the market, inflating revenue and other financial metrics over multiple quarters to maintain investor confidence [2] - The company reportedly faced rising inventory levels, which it falsely attributed to changes in sourcing, leading to materially misleading public statements throughout the class period [2] Group 2: Class Action Details - The class action complaint was filed on March 6, 2025, with a class period from November 1, 2023, to November 19, 2024 [1] - Investors suffered damages when the market became aware of the truth regarding e.l.f. Beauty's financial situation [2]