The Estée Lauder Companies Inc. are under investigation by multiple law firms with shareholders being alerted about potential recovery and class action lawsuits. Despite this, the company has beat a makeup try-on BIPA suit and declared a quarterly dividend of $.66 per share. Several analysts have questioned the ownership structure and valuation of the beauty conglomerate, and one investor flagged their share as 'concerning'. Notably, Estée Lauder recently agreed to pay $975K to end an ERISA Suit. Despite the challenges, Estee Lauder is seen as a secular bet on emerging markets.
The Estee Lauder Companies Class A EL News Analytics from Sun, 26 Mar 2017 04:51:25 GMT to Wed, 01 May 2024 07:00:00 GMT -
Rating -6
- Innovation -2
- Information 2
- Rumor -7
