COTY Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Coty Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm
NEW YORK, Sept. 9, 2020 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Coty, Inc. (“Coty” or “the Company”) (NYSE: COTY) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Coty securities between October 3, 2016 and May 28, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/coty.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) despite being no stranger to beauty brand acquisitions, Coty did not have adequate processes and procedures in place to assess and properly value the P&G