Press release
Investigation announced for Investors in shares of Waldencast plc (NASDAQ: WALD) over potential Wrongdoing
An investigation on behalf of investors in Waldencast plc (NASDAQ: WALD) shares over potential wrongdoing at Waldencast plc.
Investors who purchased shares of Waldencast plc (NASDAQ: WALD) 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 concerns whether certain Waldencast plc directors breached their fiduciary duties and caused damage to the company and its shareholders.
White Plains, NY based Waldencast plc, a skincare company, develops, markets, and sells skin health products worldwide. On July 5, 2023, after the market closed, Waldencast plc filed a current report with the SEC in which it disclosed, among other things that certain financial statements of Obagi, a company that it had acquired, could no longer be relied upon because Waldencast plc expected to restate those financial statements.
Shares of Waldencast plc (NASDAQ: WALD) declined from $10.06 per share on June 23, 2023, to $5.00 per share on August 15, 2023.
Those who purchased shares of Waldencast plc (NASDAQ: WALD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
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