Glancy Prongay & Murray LLP Announces Investigation on Behalf of Avon Products, Inc. Investors (AVP)

Glancy Prongay & Murray LLP (GPM) announces an investigation on behalf of Avon Products, Inc.(Avon or the Company) (NYSE: AVP ) investors concerning the Company and its officers possible violations of federal securities laws.

Information


Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of Avon Products, Inc. (“Avon” or the “Company”) (NYSE: AVP)
investors concerning the Company and its officers’ possible violations
of federal securities laws.

If you are a shareholder who suffered a loss, click here to
participate.

If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.

On August 3, 2017, Avon issued a press release announcing its second
quarter 2017 financial results and held a conference call to discuss the
results. The Company reported a net loss of $0.12 per share and a 3%
decline in active representatives. Avon also reported that Brazil
revenue was “down 2% in constant dollars, primarily driven by a decrease
in Active Representatives.” On the call, Avon's Chief Financial Officer
acknowledged that, despite Avon’s earlier representations, the remedial
actions in Brazil (i.e., stricter credit terms applied to
recruiting new representatives) were negatively impacting active
representatives and revenue in Brazil.

On this news, shares of Avon fell $0.36, or 10.71%, to close at $3.00
per share on August 3, 2017, thereby injuring investors.

If you purchased Avon securities, have information, or would like to
learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite
2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.