NEW YORK, NY / ACCESSWIRE / October 3, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Olaplex Holdings, Inc. ("Olaplex" or the "Company") (NASDAQ:OLPX). Investors who purchased Olaplex securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/olpx.
The investigation concerns whether Olaplex has violated federal securities laws.
On or around September 29, 2021, Olaplex commenced its initial public offering ("IPO"), selling 73.7 million shares priced at $21.00 per share. Then, on September 29, 2022, a Piper Sandler analyst downgraded Olaplex to Neutral from Overweight, stating that her work revealed that "competition and misinformation pose growing risks to the company." On this news, Olaplex's stock price fell $1.33 per share, or 12.15%, to close at $9.62 per share on September 29, 2022.
If you are aware of any facts relating to this investigation or purchasedOlaplex shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/olpx. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC