San Diego, CA -- (SBWIRE) -- 02/05/2024 -- The Shareholders Foundation announced that a deadline is coming up on February 5, 2024 in the lawsuit filed for certain investors of The Estée Lauder Companies Inc. (NYSE: EL).

Investors who purchased shares of The Estée Lauder Companies Inc. (NYSE: EL) have certain options and there are strict and short deadlines running. Deadline: February 5, 2024. The Estée Lauder Companies Inc. (NYSE: EL) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of The Estée Lauder Companies Inc. (NYSE: EL) common shares between August 18, 2022 and May 2, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 18, 2022 and May 2, 2023, the defendants misled investors with unrealistic and materially false statements about market demand Estee's products and its inventory levels and that these statements concealed the truth about Estee's weakness in the market until, on May 3, 2023, Estee announced weaker sales and profit for the year than estimated and accordingly cut its fiscal year outlook for a third consecutive time.

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 The 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.