San Diego, CA -- (SBWIRE) -- 06/15/2020 -- An investigation was announced concerning potential securities laws violations by Coty Inc. in connection with certain financial statements.

Investors who purchased shares of Coty Inc. (NYSE: COTY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Coty Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 29, 2020, Forbes reported that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand. Earlier this year, Coty Inc. acquired a majority stake in Jenner's Kylie Cosmetics line for $600 million.

Shares of Coty Inc. (NYSE: COTY) declined from $4.66 per share in on May 27, 2020 to as low as $3.60 per share on May 29, 2020.

Those who purchased shares of Coty Inc. (NYSE: COTY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.