An investigation on behalf of investors in The Estée Lauder Companies Inc. (NYSE: EL) shares over potential wrongdoing at The Estée Lauder Companies Inc. was announced and NYSE: EL stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/12/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at The Estée Lauder Companies Inc.
Investors who purchased shares of The Estée Lauder Companies Inc. (NYSE: EL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Estée Lauder Companies officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products. The Estée Lauder Companies Inc. reported that its Total Revenue rose from over $11.82 billion for the 12 months period that ended on June 30, 2017 to over $13.68 billion for the 12 months period that ended on June 30, 2018 and that its Net Income declined from over $1.24 billion to over $1.1 billion over those respective time periods.
Shares of The Estée Lauder Companies Inc. (NYSE: EL) declined from $158.16 per share in June 2018 to as low as $124.11 per share in October 2018.
Shares of The Estée Lauder Companies Inc. (NYSE: EL) closed on November 9, 2018 at $140.23 per share.
Those who purchased shares of The Estée Lauder Companies Inc. (NYSE: EL), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.