{"id":61879,"date":"2024-11-21T00:05:15","date_gmt":"2024-11-21T00:05:15","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/11\/21\/e-l-f-beauty-is-now-under-investigation-by-johnson-fistel-on-behalf-of-shareholders-who-incurred-losses-on-their-investment\/"},"modified":"2024-11-21T00:05:15","modified_gmt":"2024-11-21T00:05:15","slug":"e-l-f-beauty-is-now-under-investigation-by-johnson-fistel-on-behalf-of-shareholders-who-incurred-losses-on-their-investment","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/e-l-f-beauty-is-now-under-investigation-by-johnson-fistel-on-behalf-of-shareholders-who-incurred-losses-on-their-investment\/","title":{"rendered":"e.l.f. Beauty Is Now Under Investigation by Johnson Fistel on Behalf of Shareholders Who Incurred Losses on Their Investment"},"content":{"rendered":"<div>\n<p>SAN DIEGO, Nov.  20, 2024  (GLOBE NEWSWIRE) &#8212; Johnson Fistel, LLP is investigating whether e.l.f. Beauty, Inc. (NYSE: ELF) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose material information to investors.<\/p>\n<p>On November 20, 2024, Muddy Waters Research issued a report regarding e.l.f. Beauty. The report states that \u201cMuddy Waters is short e.l.f. Beauty, Inc. (ELF) because we believe it has materially overstated revenue over the past three quarters \u2013 possibly by ~$135 million to ~$190 million. We believe that in Q2 FY24, ELF management realized its growth narrative was in trouble as its inventory built. It appears that ELF then began reporting inflated revenue and profits. Its reported inventory also appears materially inflated as a result \u2013 i.e., to account for cash that has not really come in.\u201d<\/p>\n<p><strong>What if I purchased E.L.F. securities? <\/strong>If you purchased securities and suffered losses on your investment, join our investigation now: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RDFKWozkTkuMf02_2OHOUpiWkPmrDW05BHm56AIUCLQF8wX5RXvZgopDKtOQ0J0kUUlBB_WVVK858GXS3GGOQ2y1h88yMOMWZS3F9G5aR8iSFKMi9Y-m1sg_eJ0ahKU1GGFclWJXISZW4bPLf6pv8qCxXgFgA66e-754MPas3seULU_LTywGcGhHF0iKXf-m\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>https:\/\/www.johnsonfistel.com\/investigations\/elf-beauty-inc<\/strong><\/a> Or for more information, contact Jim Baker at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fAXFJWdHzMiIevrPiLXv3pp9-rvwoWu62UJ5ZlGrxWz3ICCuy4XQJlR7Q7k8xmfJlY__CP3quh700WxEpkGJq1C2wkT5Ubher2SZXj7gBpw=\" rel=\"nofollow\" target=\"_blank\" title=\"jimb@johnsonfistel.com\">jimb@johnsonfistel.com<\/a> or (619) 814-4471. <em>There is no cost or obligation to you.<\/em><\/p>\n<p><strong>What if I have relevant nonpublic information?<\/strong> Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fAXFJWdHzMiIevrPiLXv3pp9-rvwoWu62UJ5ZlGrxWzNcrZ-0q0Zgq_oFBNrY4z_qKNqgMBQz1tJdCIW50LmBqGIhS_5i0YKYau4pAPqDQYEUJIWhoABQA9j3L6KTZ6lknb9YEo7lvT6rI844KKJbBZXuPP6KM0yYHaSm1SMQQgGNIpnvFVYo2Nrn0QF8CPlQpfWAZMdNflgaT0tIAQ9iOikQnFFZ8RlllUYhZoL135vMDUo4PW_hgWFu651jFTFEw4N-S-Y2pA9EcRHOgqAdA==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>jimb@johnsonfistel.com<\/u><\/a>.<\/p>\n<p><strong>About Johnson Fistel, LLP: <\/strong><br \/>Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aI42HS05kVI53YT5M3Wr72cNTbFSlxsxPpeU6ep-UM1OI8IjaBJcpnW19i0QJrkftm0DL_UbK6DI1YWluMzid5duza3elqEqt4vZab7actDWdrfl4k12ewGbO5m160jj-eLbnLz-pWGj9nV_M2K-fiEZ3lDYtpIOoc6zvSHyGVzma90M3QtPcnsbEcoa-bGFIUVZoyeKpk-8-p8iKDISEab5is4ZbvesYhEZ5EOkI_BAPL5uFwgcTkPXHhW0tz942iROaHWbbDWq2zzxatiQLi_1p1_7Ae-RnrpiF7x8Bjxc6W95V-qrueqUAGRNar1XRhaSoO9zqCwgP4wlNB_-2Zg6zVMXOL_kpMiwmChExYSgunNutCSlfuE4_WGucLB7fe4t4TjGwJPyIIaV8yNmLAVSEe4QMQbr7qsdnGsLtdHeKXi8icAdOwMW5Fwi3yUQVo7byxNa_yorCCk0-reyT52X8-Gos2vZnZTcFSi8DBhFwWchUNpvsedJabpwUQEl\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>http:\/\/www.johnsonfistel.com<\/u><\/a>.<\/p>\n<p>Attorney advertising.<br \/>Past results do not guarantee future outcomes.<br \/>Services may be performed by attorneys in any of our offices.<\/p>\n<p>Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.<\/p>\n<p><strong>Contact: <\/strong><br \/>Johnson Fistel, LLP<br \/>501 W. Broadway, Suite 800, San Diego, CA 92101<br \/>James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fAXFJWdHzMiIevrPiLXv3pp9-rvwoWu62UJ5ZlGrxWzEtGJL2_mGG7vkWhHWM6cPhlEcvKOM8dxhge3ZcCDT62cOvXy044fAHtw7vIaVS8w=\" rel=\"nofollow\" target=\"_blank\" title=\"jimb@johnsonfistel.com\">jimb@johnsonfistel.com<\/a>\u00a0or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7Wx2oWKDYYfWK92CX1TdMGcadMHQCVsOIa_5JTxfJ1-syue9rNCRZiv3BAo-XH6aWQ2IjIsaz9rZWllPoykLKObuq6FvceU8bKDhRnBciHuJDkYSNhC_ZY76CUh9-Nmh\" rel=\"nofollow\" target=\"_blank\" title=\"fjohnson@johnsonfistel.com\">fjohnson@johnsonfistel.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjUzZGU0ZGYtZDczYi00MDc1LWI5MWQtOGRmZGU4YTVkYjA1LTExOTMzNTg=\/tiny\/Johnson-Fistel-LLP.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Nov. 20, 2024 (GLOBE NEWSWIRE) &#8212; Johnson Fistel, LLP is investigating whether e.l.f. Beauty, Inc. (NYSE: ELF) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose material information to investors. On November 20, 2024, Muddy Waters Research issued a report regarding e.l.f. Beauty. The report states [&#8230;]\n","protected":false},"author":1,"featured_media":61880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-61879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>e.l.f. 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