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Chandler v. Ulta Beauty, Inc. et al
Case Number:
1:18-cv-01577
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Glancy Prongay
- Jenner & Block
- Lawrence Kamin
- Levi & Korsinsky
- Pomerantz LLP
- Robbins Geller
- Willkie Farr
Companies
Sectors & Industries:
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March 31, 2022
Ulta Defeats Investor Suit Alleging Resale Of Used Items
An Illinois federal judge on Wednesday threw out a proposed securities class action accusing Ulta Beauty Inc. of reshelving returned, used products and selling them as new, saying investors did not go far enough to allege fraud or omission in various company or executive statements.
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January 09, 2019
Ulta Must Face Suit Over Reselling Used Items, Investors Say
A proposed class of Ulta Beauty Inc. shareholders urged an Illinois federal judge Tuesday to allow them to proceed with their securities suit stemming from the company's alleged practice of reselling used products, saying they adequately laid out claims that executives illegally pumped up the beauty retailer's stock by concealing the practice.
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November 13, 2018
Ulta Says Vague Claims Should Sink Stock-Drop Suit
Ulta Beauty Inc. has urged an Illinois federal court to wipe out a proposed class action over a stock plunge that followed reports employees were pressured to resell returned makeup, saying there is no allegation that its top executives were behind the purported policy.
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June 28, 2018
Levi & Korsinsky Tapped To Lead Ulta Stock-Drop Suit
Following a three-way battle for the top spot, an Illinois federal judge appointed Levi & Korsinsky LLP to lead a securities class action against Ulta Beauty Inc. over a pair of disclosures that shareholders say caused the company’s stock value to temporarily plummet.
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May 25, 2018
Ulta Stock-Drop Suit Lead Hopefuls Fight Over Who Lost Most
Law firms hoping to lead a proposed class action over stock drops supposedly caused by Ulta Beauty Inc.'s alleged failure to disclose its selling of repackaged beauty products pounced on each other's bid for the designation Thursday, with counsel for a group of investors telling an Illinois federal judge that their clients lost more than double the two opposing movants combined.
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May 10, 2018
Lead Hopefuls In Ulta Stock-Drop Suit Gear Up For Showdown
Three law firms hoping to be appointed lead counsel in a stock-drop class action over Ulta's alleged failure to disclose that it resells returned products will spend the rest of the month picking each others' proposals apart before an Illinois federal judge settles on which one should take charge on the case.
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March 02, 2018
Ulta Hit With Stock-Drop Suit Over Alleged Used-Product Sales
Ulta Beauty Inc. got hit Friday with a proposed class action in Illinois federal court lobbing allegations of securities law violations against the company, with investors claiming Ulta's supposed failure to disclose that it resells returned products caused a drop in its stock share value once news reports exposed the purported practice.