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Stock impact report

Estee Lauder sues Walmart alleging ‘despicable' sale of counterfeit beauty products [CNBC]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: CNBC
While the products were sold by third-party sellers, Estee Lauder alleged Walmart played an active role facilitating those sales to shoppers, calling its conduct “despicable.” The lawsuit comes several months after CNBC published an investigation into fraud and counterfeit goods on Walmart.com that included fake Estee Lauder and Clinique products. Walmart previously told CNBC “trust and safety are non-negotiable for us” and it enforces “a zero-tolerance policy for prohibited or noncompliant products.” Walmart Inc. signage during the company's listing at the Nasdaq MarketSite in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Estee Lauder sued Walmart in California federal court over allegations the big-box retailer sold counterfeit beauty products on its website and didn't do enough to ensure only authorized and authentic merchandise was offered to consumers. Estee Lauder said it purchased, inspected or tested a number of products sold on Show less Read more
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