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Complaint alleges that ELC misled investors with unrealistic and materially false statements about market demand and inventory levels.
December 12, 2023
By: TOM BRANNA
Editor
Did Estée Lauder overpromise and underdeliver for investors? A class action lawsuit has been filed against The Estee Lauder Companies Inc. in the United States District Court for the Southern District of New York on behalf of everyone who purchased or otherwise acquired Estee common stock between August 18, 2022 and May 2, 2023. Investors have until February 5, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. About the Filed Complaint The complaint fil...
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