Coty Faces Investor Class Actions Over Withdrawn Outlook and CEO Exit

Overview

• Coty investors were invited to join newly filed class actions covering purchases from November 5, 2025 through February 4, 2026, with law firms seeking applicants to lead the case.
• The complaints claim Coty hid weakness in its Consumer Beauty unit, slower growth in Prestige fragrance, and margin pressure from heavier marketing spend.
• Coty’s February 5, 2026 quarterly update showed Consumer Beauty operating income down more than 70% year over year and Prestige down more than 18%, and the company withdrew its 2026 adjusted earnings and cash flow outlook as shares fell over 8%.
• Plaintiffs also point to the abrupt, unexplained departure of CEO Sue Y. Nabi on December 12, 2025 as a material event for investors.
• Hagens Berman says it is investigating possible intentional misstatements and any link to retailer destocking, and investors who want to be lead plaintiff must ask the court by May 22, 2026, with all allegations unproven at this stage.