Block & Leviton LLP Announces Investigation of Coty Inc. for Possible Securities Laws Violations; Investors Who Lost Money Should Contact the Firm

Last year, Coty, Inc. (NYSE: COTY) acquired a majority stake in Ms. Jenners Kylie Cosmetics line for $600 million.

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GlobeNewswire, Inc.

Retrieved on:

Monday, June 1, 2020

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Corruption, Fraud, Securities fraud, Crimes, Deception, Crime

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Boston, Ma, Us

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BLOCK & LEVITON LLP

Summary

Key Points:

Last year, Coty, Inc. (NYSE: COTY) acquired a majority stake in Ms. Jenners Kylie Cosmetics line for $600 million.
Block & Leviton LLP ( www.blockesq.com ), a national securities litigation firm, has launched an investigation into whether Coty and certain of its executives may be liable for potential securities fraud.
Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the countrys financial markets.
The firm represents many of the nations largest institutional investors as well as individual investors in securities litigation throughout the United States.

BOSTON, June 01, 2020 (GLOBE NEWSWIRE) -- On Friday, May 29, 2020, Forbes published an article reporting that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand. Last year, Coty, Inc. (NYSE: COTY) acquired a majority stake in Ms. Jenner’s Kylie Cosmetics line for $600 million. On the publication of the Forbes article, shares of Coty dropped 13% to close at $3.63. Shares of Coty are down approximately 68% overall in 2020.

The Forbes article raises additional questions about the Kylie Cosmetics line, which is one of Coty’s most visible brands.

Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, has launched an investigation into whether Coty and certain of its executives may be liable for potential securities fraud.

If you purchased or acquired shares of Coty and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at [email protected], or at https://shareholder.law/cases/?case=coty.

Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets. The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm’s lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: [email protected]
SOURCE: Block & Leviton LLP
www.blockesq.com