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The filed complaint alleges that Coty Inc. made materially false and/or misleading statements and/or failed to disclose that: Coty issued a press release reporting its financial results its full fiscal year 2025 and fourth quarter on August 20, 2025. Among other items, Coty reported an unexpected loss and provided disappointing guidance. Discussing the results on an earnings call, Coty's Chief Financial Officer said that "[t]he challenges of fiscal year 2025 coincided with moderating profit in the broader beauty market," attributing sluggish sales to factors ranging from value-seeking behavior, innovation fatigue by consumers, and anti-theft and immigration policy changes. Following this news, Coty's stock price fell over 21% on August 21, 2025.
In order to be eligible to join the COTY class action lawsuit, you must have incurred a loss on shares of Coty Inc. purchased during the class period listed above.
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