Coty Faces Investor Lawsuits as Firms Press May 22 Lead‑Plaintiff Deadline
The filings contend Coty masked weakness in key units before a February earnings slide.
Overview
- Investor law firms, in notices published Sunday through Tuesday, urged Coty shareholders to move by May 22 to seek lead‑plaintiff status.
- The putative class covers buyers of Coty common stock from November 5, 2025 through February 4, 2026.
- Complaints say Coty failed to disclose that Consumer Beauty was lagging, higher marketing spend squeezed margins, and Prestige fragrance growth was slowing.
- The actions follow CEO Sue Y. Nabi’s abrupt exit in December and Coty’s February 5 results that showed steep operating‑income drops and pulled full‑year guidance, which sent the stock lower.
- No class is certified yet, and firms say investors can pursue claims through contingency‑fee counsel, with a lead plaintiff set to help steer the case if appointed.