NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against The Estee Lauder Companies Inc. (NYSE:EL) on behalf of long-term stockholders following a class action complaint that was filed against Estee on December 7, 2023 with a Class Period from August 18, 2022 to May 2, 2023. Our investigation concerns whether the board of directors of Estee have breached their fiduciary duties to the company.
The filed complaint alleges that defendants misled investors with unrealistic and materially false statements about market demand Estee's ...