Press release
Investigation announced for current long-term Investors in Olaplex Holdings, Inc. (NASDAQ: OLPX) over potential Wrongdoing
An investigation on behalf of current long term investors in Olaplex Holdings, Inc. (NASDAQ: OLPX) shares.
Investors who are current long term investors in Olaplex Holdings, Inc. (NASDAQ: OLPX) shares, 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 for current long term investors in NASDAQ: OLPX stocks follows a lawsuit filed against Olaplex Holdings, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: OLPX stocks, concerns whether certain Olaplex Holdings, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the Offering Documents made false and/or misleading statements and/or failed to disclose that macro-economic pressures and competition in the haircare market were more robust than the Company had represented to investors, that accordingly, the Company was unlikely to maintain its sales and revenue momentum, that as a result, it was unlikely that the Company would be able to achieve the financial and operational growth projected in the Offering Documents, and that as a result, the Offering Documents were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased shares of Olaplex Holdings, Inc. (NASDAQ: OLPX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provide as a public service. It is not intended as legal advice and should not be relied upon.
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