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0 -0.00300601202404805 0.000612335782676382 0.000890670229347565 -0.00155867290135828 -0.00712536183478068 -0.00784903139612556 -0.00133600534402143
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e.l.f. Beauty Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of e.l.f. Beauty, Inc. - ELF

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
Company Research Source: Business Wire
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into e.l.f. Beauty, Inc. (“ELF” or the “Company”) (NYSE: ELF).On November 20, 2024, Muddy Waters Research reported a myriad of allegations against the Company, including that: (i) it had materially overstated revenue over the past three quarters; (ii) in Q2 FY24, it realized its growth narrative was in trouble as its inventory built; (iii) it then began reporting inflated revenue and profits resulting in its reported inventory also appearing materially inflated; and (iv) the Company concealed its inventory challenges from investors by falsely attributing its rising inventory levels to changes in its sourcing practices rather than the true cause of insufficient sales. Then, on February 6, 2025, the Company released its fiscal Q3 2025 results and provided fiscal 2025 o Show less Read more
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