The Estée Lauder Companies Inc. declared a quarterly dividend of $.66 per share, however, the company caught the attention of multiple law firms. Robbins LLP started investigating the officers and directors of The Estée Lauder on behalf of shareholders, followed by Bernstein Liebhard LLP issuing a deadline alert noting that shareholders have a potential recovery opportunity. The Gross Law Firm and Pomerantz Law Firm also announced the filing of a class action against the company. Amid these turbulent developments, Estée Lauder's stock price took a significant dive. Finally, the company conducted its Annual Meeting of Stockholders and managed to beat a Make-up Try-On BIPA Suit. Despite generating robust business, nominal overvaluations were found in their share pricing.
The Estee Lauder Companies Class A EL News Analytics from Thu, 09 Jul 2020 07:00:00 GMT to Wed, 01 May 2024 07:00:00 GMT -
Rating -7
- Innovation -3
- Information 6
- Rumor -5
