NEW ORLEANS, Louisiana / ACCESSWIRE / January 3, 2023 / Kahn Swick & Foti, LLC (“KSF”) and Charles C. Foti, Jr., a partner of KSF and former Louisiana Attorney General, to investors, January 17, 2023 To file a lead plaintiff application in a securities class action against Olaplex Holdings, Inc. (NADSAQ:OLPX) pursuant to our September 2021 initial public offering (“IPO”) If you purchased or acquired shares. This lawsuit is pending in the United States District Court for the Central District of California.
what you can do
If you purchase or acquire Olaplex shares as described above and want to discuss your legal rights and how this case affects you and your right to recover financial losses, bear any obligations or costs. You can contact Luis, KSF’s Managing Partner, without Toll free 1-877-515-1850 or email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-olpx/ for more information. If you wish to serve as the lead plaintiff in this class action, you must petition the Court in the following manner: January 17, 2023.
About litigation
Olaplex and certain of its executives and others have been indicted for failing to disclose material information in their IPO registration statement and prospectus (collectively, the “offering documents”) in violation of federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to: (ii) we were therefore unlikely to be able to maintain our sales and earnings momentum; (iii) as a result, it is unlikely that the Company will be able to achieve the financial and operational growth anticipated in the Offering Document; (iv) as a result of the foregoing, our Offering Documents were materially false and misleading at all relevant times;
the case is Lilien v. Olaplex Holdings Inc. and othersIncident No. 22-cv-8395.
About Kahn Swick & Foti, LLC
Partnered with former Louisiana Attorney General Charles C. Foty Jr., KSF is one of the nation’s leading boutique securities litigation law firms. KSF serves a variety of clients, including public institutional investors, hedge funds, money managers and individual investors, seeking recovery of investment losses resulting from corporate fraud and fraud by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
For more information about KSF, please visit www.ksfcounsel.com.
contact:
Kahn Swick & Foti, LLC
Louis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras Street, Suite 3200
New Orleans, Louisiana 70163
sauce: Kahn Swick & Foti, LLC
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