Coty faces securities class action over alleged concealed business deterioration, expanded class period
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Coty Inc. is facing a securities class action in the U.S. District Court for the Southern District of New York due to alleged misstatements regarding its deteriorating business trends. The lawsuit covers investors who purchased Coty stock from May 7, 2025, to Feb. 4, 2026. Following the withdrawal of fiscal 2026 guidance, shares dropped 22% to $2.66 on Feb. 6, 2026. The lead plaintiff deadline is May 22, 2026.
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