GlobeNewswire
SHAREHOLDER ALERT: Investigation of e.l.f. Beauty, Inc. (ELF) Announced by Holzer & Holzer, LLC
News provided by
Holzer & HolzerNov 21, 2024, 1:42 PM ET
ATLANTA, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether e.l.f. Beauty, Inc. (“e.l.f. Beauty” or the “Company”) (NYSE: ELF) complied with federal securities laws. On November 20, 2024, Muddy Watters Research released a report alleging that e.l.f. Beauty “has materially overstated revenue over the past three quarters – possibly by ~$135 million to ~$190 million.” Following this report, the price of the Company’s stock dropped.
If you purchased e.l.f. Beauty stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/e-l-f-beauty/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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