{"id":65613,"date":"2025-03-13T12:01:36","date_gmt":"2025-03-13T12:01:36","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2025\/03\/13\/e-l-f-beauty-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-e-l-f-beauty-inc-elf\/"},"modified":"2025-03-13T12:01:36","modified_gmt":"2025-03-13T12:01:36","slug":"e-l-f-beauty-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-e-l-f-beauty-inc-elf","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/e-l-f-beauty-shareholder-alert-claimsfiler-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-e-l-f-beauty-inc-elf\/","title":{"rendered":"E.L.F. BEAUTY SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against e.l.f. Beauty, Inc. &#8211; ELF"},"content":{"rendered":"<div>\n<p align=\"justify\">NEW ORLEANS, March  12, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RL1hjFu1xbQheY8-RQH8lSJjpu9XJU1s4kfxPjjRIHL45IFLPi5EL1A1BbOd2cCkS_ftzHvdgoQcB5aUChvWKuoRRX1nRWJRNqT3h-RhpHU=\" rel=\"nofollow\" target=\"_blank\" title=\"ClaimsFiler\">ClaimsFiler<\/a>, a FREE shareholder information service, reminds investors that they have until <strong><u>May 5, 2025<\/u><\/strong> to file lead plaintiff applications in a securities class action lawsuit against <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PTiEAVSnavk9EYKH7kk-4PEAGHGUlGR_NwRvmkROQPc4_2rQDqxGoKn_1D2lLzjVMT6qqpAKayC96_1GnmHv5ogziewXF_i9KQr8oro7CFZ6mD-9g8sLkAI5qcAx2Tin\" rel=\"nofollow\" target=\"_blank\" title=\"e.l.f. Beauty, Inc.\">e.l.f. Beauty, Inc.<\/a> (\u201cELF\u201d or the \u201cCompany\u201d) (NYSE: ELF), if they purchased the Company\u2019s securities between November 1, 2023 and November 19, 2024, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Northern District of California.<\/p>\n<p align=\"justify\">Get Help<\/p>\n<p align=\"justify\">ELF investors should visit us at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=674AbAtp-cZ-S1jdXjbP0QnVkjJiPQDxDUSEKoI9ZZSRABuDfwJolwVUxMF1LL23O1fhemn7GH7EJ5yFsDZApcfIeaA-dMfSSoMvPlFU1nLCDFh7qpLqOTsowPvQCWLpcxxF2zs7nT0cHh8CjCz9Tg==\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/claimsfiler.com\/cases\/nyse-elf\/<\/a> or call toll-free (844) 367-9658. Lawyers at Kahn Swick &amp; Foti, LLC are available to discuss your legal options.<\/p>\n<p align=\"justify\">About the Lawsuit<\/p>\n<p align=\"justify\">ELF and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.<\/p>\n<p align=\"justify\">On November 20, 2024, Muddy Waters Research reported that the Company had materially overstated revenue over the past three quarters; that in Q2 FY24, it realized its growth narrative was in trouble as its inventory built; that it then began reporting inflated revenue and profits resulting in its reported inventory also appearing materially inflated; and that the Company concealed its inventory challenges from investors by falsely attributing its rising inventory levels to supposed changes in its sourcing practices rather than the true cause insufficient sales.<\/p>\n<p align=\"justify\">On this news, the price of ELF\u2019s shares fell $2.71 per share, or 2.23%, to close at $119.00 per share on November 20, 2024.<\/p>\n<p align=\"justify\">On February 6, 2025, the Company released its fiscal Q3 2025 results and provided fiscal 2025 outlook that confirmed the weaknesses identified in the report previously issued by Muddy Waters, including softer consumption trends and slower new product launches. On this news, Elf\u2019s stock price fell $17.36 per share, or 19.62%, to close at $71.13 per share on February 7, 2025.<\/p>\n<p align=\"justify\">The case is <em>Rottman v. e.l.f. Beauty, Inc., et al., <\/em>No. 25-cv-2316.<\/p>\n<p align=\"justify\">About ClaimsFiler<\/p>\n<p align=\"justify\">ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick &amp; Foti, LLC law firm for free case evaluations.<\/p>\n<p align=\"justify\">To learn more about ClaimsFiler, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RBZxhot619UTYbaC5Xdfbm8eJMhapSAEY7AycpzjXkNMSeSLWsEgzBlfgtvUgHmgQ0sDNiEEsEeFAZkTnlDSwjLKaWNw1LUaJo9UV78Bqyc=\" rel=\"nofollow\" target=\"_blank\" title=\"www.claimsfiler.com\">www.claimsfiler.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODAyM2RhNmYtNTBkMi00ZjVkLWEyOTAtNDUzOTU5ODJkMDI4LTEwMzY0NDktMjAyNS0wMy0xMy1lbg==\/tiny\/SkyMedia-LLC.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW ORLEANS, March 12, 2025 (GLOBE NEWSWIRE) &#8212; ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against e.l.f. Beauty, Inc. (\u201cELF\u201d or the \u201cCompany\u201d) (NYSE: ELF), if they purchased the Company\u2019s securities between November 1, 2023 and [&#8230;]\n","protected":false},"author":1,"featured_media":65614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-65613","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. BEAUTY SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against e.l.f. 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