Coty faces triple investigation into securities violations after Kylie Jenner 'outed' by Forbes

Published: 2-Jun-2020
Regulatory Colour Cosmetics Finance

The consumer giant is the subject of three investigations by various law firms over possible violations of federal securities laws

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Coty is under investigation by three law firms regarding possible violations of federal securities laws.

The beauty conglomerate faces probes by The Schall Law Firm, Federman & Sherwood and Rosen Law Firm on behalf of shareholders, after Forbes Magazine reported on 29 May that Kylie Jenner had provided misleading financial data to the publication regarding the value of her cosmetics brand.

In particular, the investigations will look into

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  • Companies:
  • COTY
  • Kylie Cosmetics
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