INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Ulta Beauty, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 1, 2018 – ULTA
NEW YORK, NY / ACCESSWIRE / April 26, 2018 / The following statement is being issued by Levi
& Korsinsky, LLP:
To: All persons or
entities who purchased or otherwise acquired securities of Ulta Beauty,
Inc. (“Ulta Beauty”) (NASDAQ: ULTA)
between March 30, 2016 and February 23,
2018. You are hereby
notified that a securities class action lawsuit has
been commenced in the United States District Court for the Northern District of
Illinois. To get more information, go
to:
http://www.zlk.com/pslra-d/ulta-beauty-inc?wire=1
or contact Joseph E. Levi, Esq. either
via email at jlevi@levikorsinsky.com or by telephone
at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaint alleges that, throughout
the Class Period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) the Company was engaged in the
widespread practice of repackaging returned cosmetics and re-shelving them
alongside unblemished products to sell at full retail price; and (ii) that as a
result of the foregoing, Ulta Beauty’s public statements were materially false
and misleading at all relevant times. On February 23, 2018, CBS News published
a story on the alleged restocking practice, citing a former employee who
alleged that managers pressured store employees to clean and repackage returned
cosmetics “to keep the dollar amount for damaged or returned goods
down.”
If you suffered a loss in
Ulta Beauty, you have until May 1, 2018 to
request that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national
firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors
in securities litigation and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll-Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE:
Levi & Korsinsky, LLP
ReleaseID: 497692