The Estée Lauder Companies Inc. announced a
quarterly dividend of $.66 per share. Meanwhile, multiple law firms are issuing shareholder alerts and announcing class action lawsuits against the company, with potential recoveries for investors. This includes
The Gross Law Firm, Robbins LLP, Bernstein Liebhard LLP, and
Levi & Korsinsky. Legal actions are being initiated based on allegations of securities fraud, with investors being encouraged to lead this process. At the same time, Estée Lauder is holding its
annual meeting of stockholders and has released its
Q2 2023 earnings call transcript. As these legal and financial issues unfold, the
company's stock movements are being closely monitored by investors. However, it seems to be facing a downfall, with its shares taking a dive. Apart from this, Estée Lauder has been able to temporarily beat a lawsuit related to its make-up try-on feature. Lastly, there is a discussion on the
ownership structure of the company and
Estée Lauder's contribution to the industry, despite concerns about overvaluation.
The Estee Lauder Companies Class A EL News Analytics from Thu, 09 Jul 2020 07:00:00 GMT to Wed, 01 May 2024 12:45:57 GMT -
Rating -6
- Innovation -4
- Information 7
- Rumor -6
