Berman Tabacco announces that it is investigating potential securities law violations by e.l.f. Beauty, Inc. (“e.l.f. Beauty” or the “Company”) (NYSE: ELF), a cosmetics company based in Oakland, California.
About the Investigation
On November 20, 2024, Bloomberg reported that the “chief executive officer of Muddy Waters Capital said he is shorting the stock because he has concerns linked to the Oakland, California-based firm’s revenue.” Then, on February 7, 2025, Bloomberg reported that the Company’s shares were down “by as much as 28%, after the cosmetics company lowered fiscal-year projections for sales and profits.”
Contact
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About Berman Tabacco
Since 1982, our firm has prosecuted hundreds of securities cases on behalf of investors. The firm and its attorneys have been recognized for their work on behalf of plaintiffs, including by Benchmark Litigation, which ranked the firm as a Top Plaintiffs’ Firm and as Highly Recommended. Chambers USA recognized the firm as a leading securities litigation firm in its Securities Litigation–Mainly Plaintiff category. The Legal 500 has also ranked the firm as recommended in securities litigation. The firm has offices in Boston, Massachusetts and San Francisco, California.
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Jay Eng, Esq.
Berman Tabacco
One Liberty Square
Boston, Massachusetts
(800) 516-9926
Email: law@bermantabacco.com