Class Action Reports

OLPX Class Action: Learn About the Olaplex Lawsuit

Levi & Korsinsky, LLP

November 22, 2022

Levi & Korsinsky, LLP announces that an OLPX class action lawsuit has been filed on behalf of investors who purchased Olaplex Holdings, Inc. (OLPX) This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Olaplex common stock pursuant and/or traceable to the Company’s initial public offering conducted on or around September 30, 2021.  For more on the OLPX Lawsuit please contact us today.

 

 

According to the Olaplex lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) macroeconomic pressures and competition in the haircare market were more robust than the Company had represented to investors; (ii) accordingly, the Company was unlikely to maintain its sales and revenue momentum; and (iii) as a result, it was unlikely that the Company would be able to achieve the financial and operational growth projected in the offering documents; and (iv) as a result, the offering documents were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE OLPX CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Olaplex you have until January 17, 2023, 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.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com