Facade of Estee Lauder retail store. Credit: Robert/Adobe Stock; Estée Lauder Hit With New Securities Class Action Over Asia Inventory
The plaintiff alleged the beauty giant failed to disclose the extent of the company's reliance on resellers in the Asian market.
January 23, 2024 at 06:13 PM
4 minute read
Class Actions
The Estée Lauder Companies Inc. was named as a defendant in a proposed securities class action filed in the Southern District of New York on Monday, with the plaintiff alleging the beauty giant failed to disclose the extent of the company's reliance on resellers in the Asian market.
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