GlobeNewswire
SAN DIEGO, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP () is investigating whether Olaplex Holdings, Inc. ("Olaplex" or the "Company") (NASDAQ: OLPX), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
What if I purchased Olaplex common stock? If you purchased Olaplex common stock and suffered significant losses on your investment, join our investigation now:
Click or paste the following web address into your browser to submit your losses:
https://www.johnsonfistel.com/investigations/olaplex-holdings-olpx
Or for more information, contact Jim Baker at or (619) 814-4471
There is no cost or obligation to you.
What is Johnson Fistel investigating? In September 2021, Olaplex conducted its initial public offering ("IPO"), and the company sold 73.7 million shares priced at $21.00 per share. Since the IPO the stock has plummeted, closing at $9.60 on October 17, 2022. Then on October 18, 2022, the company lowered its fiscal 2022 guidance, following this news, the stock price dropped 38% on October 18, 2022, during after-hours trading.
What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or .
Contact:
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email:
source: https://www.morningstar.com/news/globe-newswire/8667769/olaplex-shareholder-news-johnson-fistel-encourages-olpx-shareholders-with-losses-to-contact-the-firm-regarding-investigation
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