e.l.f. Beauty, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - ELF
e.l.f. Beauty, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - ELF
LOS ANGELES--(BUSINESS WIRE)-- The DJS Law Group 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.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. Shares of e.l.f. Beauty fell sharply on February 7, 2025, after the company slashed its revenue outlook. According to Business Insider, “e.l.f. Beauty blamed its softer January sales for the reduced outlook. It stated that the beauty category experienced a slowdown partly due to lingering effects of holiday discounting and shifts in online posting behavior, influenced by concerns over a possible TikTok ban.”
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250207618307/en/
Contacts
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
Source: DJS Law Group