Important Information for e.l.f. Beauty, Inc. (ELF) Investors: Rosen Law Firm Reminds of Upcoming Deadline
New York, NY – Rosen Law Firm, a global investor rights law firm, is reminding purchasers of the securities of e.l.f. Beauty, Inc. (“Elf”) (NYSE:ELF) between November 1, 2023 and November 19, 2024, both dates inclusive (the “Class Period”), of the important May 5, 2025 lead plaintiff deadline.
What is the Securities Class Action Lawsuit About?
The lawsuit alleges that Elf made false and misleading statements and failed to disclose that certain of its products contained asbestos. These allegations came to light following a report by the Environmental Working Group (EWG) in November 2024, which found traces of asbestos in several of Elf’s cosmetics. The report caused a significant decline in Elf’s stock price, resulting in damages for investors.
How Does This Affect Me as an Investor?
If you purchased Elf securities during the Class Period, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. To participate in the lawsuit, you must have purchased Elf securities during the Class Period and have suffered a loss as a result. If you meet these requirements, you can join the case by contacting Rosen Law Firm.
- Contact Rosen Law Firm to join the case: [email protected] or 212-686-1060
- Deadline to join the case is May 5, 2025
How Does This Affect the World?
The discovery of asbestos in Elf’s cosmetics has raised concerns about the safety of cosmetics and personal care products. The incident has prompted calls for increased regulation and transparency in the cosmetics industry. Additionally, it has damaged Elf’s reputation and may lead to decreased sales and revenue.
Conclusion
If you purchased Elf securities during the Class Period and have suffered losses as a result, you may be entitled to compensation. The lead plaintiff deadline is May 5, 2025. Contact Rosen Law Firm to join the case and seek justice. Meanwhile, the discovery of asbestos in Elf’s cosmetics highlights the need for increased regulation and transparency in the cosmetics industry. Stay informed and protect your investments.