INVESTOR ALERT: Robbins Geller Rudman & Liem LLP Announces that Estee Lauder Companies Inc. Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit

BENZINGA EXCLUSIVE

ELF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces Investigation into E.l.f. Beauty Inc.

NEW YORK, March 25, 2023 /PRNewswire/ -- Bronstein, Gewirtz & Grossman LLC, a top-rated and leading law firm in the area of securities class actions, is investigating the circumstances surrounding the announcement by E.l.f. Beauty Inc. (NYSE: ELF) that it would not meet its previously provided financial guidance for the full year 2023.

On March 23, 2023, E.l.f. Beauty Inc. announced that it would not meet its previously provided financial guidance for the full year 2023, with the company stating that it expects to report a loss for the quarter. This news caused the company's shares to plummet, damaging investors who purchased ELF stock.

The investigation is focused on whether E.l.f. Beauty Inc. and its officers and directors have breached any fiduciary duties to the company and its shareholders by failing to disclose material information to the market in a timely manner. The investigation is also looking into whether the company's officers and directors have made any false or misleading statements about the company's financial performance and prospects.

The investigation is also focused on whether E.l.f. Beauty Inc. and its officers and directors have taken any steps to conceal or misrepresent the company's financial performance and prospects, and whether the company has made any false or misleading statements about its financial condition, results of operations, and business prospects.

If you are an ELF shareholder who purchased shares during the class period, you have the potential to be a part of this investigation. You can contact Bronstein, Gewirtz & Grossman LLC to learn more about your potential legal rights and options.

Contact Information:

Bronstein, Gewirtz & Grossman LLC (212) 697-6484 info@bgandg.com