Investor alert: class action lawsuit filed on behalf of e.l.f. beauty, inc. (elf) investors – holzer & holzer, llc encourages investors with significant losses to contact the firm

Atlanta, march 07, 2025 (globe newswire) -- a shareholder class action lawsuit has been filed against e.l.f. beauty, inc. (“elf” or the “company”) (nyse: elf). the lawsuit alleges that defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding elf's business, operations, and prospects, including allegations that: (i) contrary to its representations to investors, the company was experiencing rising inventory levels as a consequence of flagging sales; (ii) elf falsely attributed the rising inventory levels to, among other things, changes in its sourcing practices; (iii) to maintain investor confidence, elf reported inflated revenue, profits, and inventory over several quarters; (iv) accordingly, the company's business and/or financial prospects were overstated; and (v) all of the foregoing, once revealed, would likely have a material negative impact on the company.
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