{"id":65638,"date":"2025-03-14T00:01:53","date_gmt":"2025-03-14T00:01:53","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2025\/03\/14\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-e-l-f-beauty-inc-elf-shareholders\/"},"modified":"2025-03-14T00:01:53","modified_gmt":"2025-03-14T00:01:53","slug":"levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-e-l-f-beauty-inc-elf-shareholders","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/levi-korsinsky-announces-the-filing-of-a-securities-class-action-on-behalf-of-e-l-f-beauty-inc-elf-shareholders\/","title":{"rendered":"Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of e.l.f. Beauty, Inc.(ELF) Shareholders"},"content":{"rendered":"<div>\n<p>NEW YORK, March  13, 2025  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>e.l.f. Beauty, Inc.<\/strong> (&#8220;e.l.f. Beauty&#8221; or the &#8220;Company&#8221;) (NYSE: ELF) of a class action securities lawsuit.<\/p>\n<p><strong>CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of e.l.f. Beauty investors who were adversely affected by alleged securities fraud between November 1, 2023 and November 19, 2024. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p align=\"center\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PPJqrl7l182zvjuW6DsE-4e26RmtyChJH9VhmAK3DsNqMvtLr1BVWbyCBCfe3pRgHesr0OP8Ufd1LcrFMdb8D6x1JuH6ouU2QpAnZJt65w30t--D5HnVYxBJ9m5a8voNp09XiPOidkwOjxmNYbxfkeuPGR-CIvYZdAT8yLTLfjYWdhDxl1EbXbnM1KrtPsVNkprZiu6ez1LX4uLvrqnk0IuUGKB9zvNR_HfKT9RP-BCqgzgE4HjDoXhzfDp56aAa\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/zlk.com\/pslra-1\/e-l-f-beauty-lawsuit-submission-form?prid=135529&amp;wire=3<\/a><\/p>\n<p><strong>ELF<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.<\/p>\n<p><strong>CASE DETAILS: <\/strong>The filed complaint alleges that defendants made false statements and\/or concealed that: (i) contrary to its representations to investors, the Company was experiencing rising inventory levels as a consequence of flagging sales; (ii) Elf falsely attributed the rising inventory levels to, among other things, changes in its sourcing practices; (iii) to maintain investor confidence, Elf reported inflated revenue, profits, and inventory over several quarters; (iv) the Company\u2019s business and\/or financial prospects were overstated; (v) all of the foregoing, once revealed, would likely have a material negative impact on the Company; and (vi) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p><strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in e.l.f. Beauty during the relevant time frame, you have until <strong>May 5, 2025<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p><strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p><strong>WHY LEVI &amp; KORSINSKY: <\/strong>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p><strong>CONTACT:<\/strong><br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 17th Floor<br \/>New York, NY 10004<br \/>jlevi@levikorsinsky.com<br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/>www.zlk.com<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NjhlMjhkZmQtYThkYS00MmVlLWFjNDItYTMwN2VkYzU0MGVhLTEwMzIyOTMtMjAyNS0wMy0xMy1lbg==\/tiny\/Levi-Korsinsky-LLP.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in e.l.f. Beauty, Inc. (&#8220;e.l.f. Beauty&#8221; or the &#8220;Company&#8221;) (NYSE: ELF) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of e.l.f. Beauty investors who were adversely affected by alleged securities fraud between November [&#8230;]\n","protected":false},"author":1,"featured_media":65639,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-65638","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>Levi &amp; Korsinsky Announces the Filing of a Securities Class Action on Behalf of e.l.f. 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