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Stock impact report

Waldencast’s (WALD) CFO/COO Gautier Abruptly Exits Amid SEC’s Investigation into Company’s Improper Accounting - Hagens Berman

Waldencast plc - Class A Ordinary Share (WALD) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, March 20, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Waldencast plc (NASDAQ: WALD) investors who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com/investor-fraud/wald Contact An Attorney Now: WALD@hbsslaw.com                                                     844-916-0895 Waldencast plc (NASDAQ: WALD) Investigation: On Jan. 31, 2024, Waldencast announced that Philippe Gautier, its current chief financial officer and chief operating officer, was leaving the company, effective immediately. The company named Manuel Manfredi, an outsider, as its new CFO. The C-Suite reshuffle follows a string of financial reporting missteps, beginning first on July 5, 2023, when Waldencast announced that it would need to restate its financial statements for all of 2021 and for the first two quarters of 2022. The company explained that the misreporting stemmed from improper revenue recognition involving sales of its Obagi skincare products to its Southe Show less Read more
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