Coty, Inc. (COTY)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Coty, Inc. ("Coty" or "the Company") (NYSE: COTY). The investigation concerns whether Coty and certain of its officers and/or directors have violated federal securities laws.
In November 2019, Coty announced its acquisition of a majority stake in Kylie Cosmetics. Then, on May 29, 2020, Forbes reported that Kylie Jenner, the founder of Kylie Cosmetics, had provided the magazine with misleading financial information about her company. On this news, Coty’s stock price fell $0.56 per share, or 13.4%, to close at $3.63 per share on May 29, 2020.
If you are aware of any facts relating to this investigation, or purchased Coty shares, you can also contact Peretz Bronstein of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.