ELF Investors Have Opportunity to Join e.l.f. Beauty, Inc. Fraud Investigation with the Schall Law Firm
ELF Investors Have Opportunity to Join e.l.f. Beauty, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of e.l.f. Beauty, Inc. (“e.l.f. Beauty” or “the Company”) (NYSE: ELF) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On February 6, 2025, e.l.f. Beauty released its earnings for the third quarter, while also lowering its outlook for the fourth quarter and full year. CFO Mandy Fields explained, "Given softer than expected trends in January, we are taking a prudent approach and lowering our outlook for the final quarter of our fiscal year." Based on this news, shares of e.l.f. Beauty fell by 24.24% in morning trading on Friday.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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Source: The Schall Law Firm