(COTY) Alert: Johnson Fistel Investigates Coty; Investors Suffering Losses Encouraged to Contact Firm
(COTY) Alert: Johnson Fistel Investigates Coty; Investors Suffering Losses Encouraged to Contact Firm |
[02-June-2020] |
SAN DIEGO, June 2, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Coty Inc. ("Coty" or the "Company") (NYSE: COTY). On November 18, 2019, Coty announced that it had taken a majority stake in Kylie Cosmetics. The transaction gave Coty a 51% stake in the makeup company for $600 million. On May 29, 2020, Forbes reported that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand, and "Coty paid up for a 'high-growth' brand that is actually a much smaller business than it was just a few years ago." If you have information that could assist in this investigation, including past employees and others, or if you are a Coty shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number. Additionally, you can [click here to join this action]. There is no cost or obligation to you. About Johnson Fistel, LLP: Contact: [click here to join this action]. View original content:http://www.prnewswire.com/news-releases/coty-alert-johnson-fistel-investigates-coty-investors-suffering-losses-encouraged-to-contact-firm-301069370.html SOURCE Johnson Fistel, LLP | ||
Company Codes: NYSE:COTY |
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