Legal

Investor Alert: Deadline Approaching in The Estee Lauder Companies Class Action Lawsuit

Published January 30, 2024

Investors who have purchased or otherwise acquired shares in EL, The Estee Lauder Companies Inc., are being reminded by Glancy Prongay & Murray LLP ("GPM") of the fast-approaching deadline of February 5, 2024, to file a lead plaintiff motion in connection with the class action lawsuit against the company. The class action seeks to represent shareholders who were affected during the specified class period.

Class Action Background

This legal action is on behalf of investors who believe EL, The Estee Lauder Companies, may have issued materially misleading business information to the investing public. As the deadline looms closer, GPM stresses the importance for affected shareholders to act promptly to protect their rights.

Important Deadline for EL Shareholders

GPM, a firm with significant experience in prosecuting investor class actions, points out that February 5, 2024, is a crucial date for investors as it is the last day that a lead plaintiff motion can be filed. After this date, investors may not be able to pursue a claim for potential compensation arising from any misconduct by EL.

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