Coty Faces Investor Lawsuits Over Alleged Fraud and Misleading Statements
ByAinvest
Saturday, Mar 28, 2026 8:46 pm ET1min read
COTY--
Coty, a 122-year-old beauty giant, is facing multiple lawsuits from investors alleging misleading statements about its financial outlook and business performance. The company reported declining performance in key segments and withdrew its fiscal 2026 EBITDA guidance due to macroeconomic headwinds, including rising costs and uncertain consumer demand. Coty owns globally recognized brands such as Gucci, Burberry, and Kylie Cosmetics.
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