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In re The Estee Lauder Co., Inc. Securities Litigation
Case Number:
1:23-cv-10669
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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April 01, 2025
Estée Lauder Must Face Investors' Suit Over Inflated Growth
Estée Lauder investors have successfully pled the cosmetics company and its top brass made several misleading omissions and statements and opinions "mired in half-truths" in their suit alleging that the company announced unrealistic expectations for growth early in the COVID-19 pandemic, a New York federal judge ruled Monday.
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December 08, 2023
Estee Lauder Inflated Growth Potential, Investor Suit Says
Cosmetics company Estee Lauder and two of its executives face an investor's proposed class action alleging the company announced unrealistic expectations for growth amid ongoing impact to its business from the COVID-19 pandemic.