Coty Investors Face Lead‑Plaintiff Deadline in Securities Case Over 2026 Disclosures
Law firms set a May 22 cut‑off after Coty withdrew 2026 guidance following steep segment income declines.
Overview
- Hagens Berman is seeking Coty shareholders who bought stock from November 5, 2025 to February 4, 2026, with a lead‑plaintiff deadline of May 22, 2026.
- Rosen Law Firm says a class action has been filed and invites investors from the same period to move for lead status by the same date.
- The notices cite Coty’s February 2026 report showing Consumer Beauty operating income fell more than 70% year over year and Prestige fell more than 18%.
- Coty also pulled its full‑year 2026 targets for adjusted EBITDA and free cash flow, and the stock fell more than 8% on the disclosure.
- Both firms point to CEO Sue Y. Nabi’s abrupt December 12, 2025 departure as context, while noting the allegations are unproven and no class has been certified.