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The Estee Lauder Companies Class A EL - News Analyzed: 239

↘ Estée Lauder Face Multiple Legal Actions Amid Market Concerns

Estée Lauder Face Multiple Legal Actions Amid Market Concerns
Several announcements revolve around The Estée Lauder Companies Inc. The company declared a quarterly dividend of $.66 per share. Various shareholder alerts highlight that lawsuits have been launched against the company. Multiple law firms are seeking to notify and aid investors who have been impacted - including Robbins LLP, Levi & Korsinsky, Gross Law firm, and others. The Estee Lauder Companies have also had its 2023 second quarter earnings call. Other reports state that Estee Lauder has agreed to settle an ERISA lawsuit by paying $975K. However, despite the strength of their industries, Emerging Markets sector, and their broad ownership structure, some sources argue that the company is still overvalued. With this influx of varied information, the company's share value has fallen as noticed by the market.

The Estee Lauder Companies Class A EL News Analytics from Sun, 26 Mar 2017 04:51:25 GMT to Wed, 01 May 2024 10:30:00 GMT - Rating -3 - Innovation -2 - Information 6 - Rumor -7

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