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Lawsuit alleges Coty misled shareholders on slowing growth and profit pressures in beauty segments.

Market News
18 Aug 2026
PRNewsWire
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Bearish
pluang ai news

Kuehn Law, PLLC is investigating Coty, Inc. for allegedly misleading shareholders about the company's slowing growth in the beauty market. The lawsuit claims Coty misrepresented issues such as underperformance in its Consumer Beauty segment, margin compression from increased marketing expenses, and slowing growth in its Prestige fragrance segment. Shareholders who bought Coty stock before November 5, 2025, are encouraged to contact the law firm to possibly join the case. This legal action highlights concerns about transparency and fiduciary responsibility in Coty's management.

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Ripple CEO shifts to a neutral stance on potential IPO after legal hurdles clear.

Ripple CEO shifts to a neutral stance on potential IPO after legal hurdles clear.

Ripple CEO Brad Garlinghouse has softened his stance on the company's potential IPO, moving from opposition to a more neutral position. Speaking at the 2026 Wyoming Blockchain Symposium, he noted Ripple has been private for a long time but is now ope...

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OpenAI faces leadership exits and financial strain amid $852B valuation and $7B share buyback.

OpenAI faces leadership exits and financial strain amid $852B valuation and $7B share buyback.

OpenAI recently completed a $7 billion tender offer to buy back employee shares at an $852 billion valuation, followed by the departure of key executives including the COO and CRO. Despite reported annualized revenue growth to $40 billion in 2026, th...

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Bearish
4 hours ago
Over 600 bags of Oma's Pride dog food recalled due to salmonella contamination after FDA testing.

Over 600 bags of Oma's Pride dog food recalled due to salmonella contamination after FDA testing.

Oma's Pride has recalled 639 bags of its Woof Complete Canine Chicken Recipe dog food after FDA testing found salmonella contamination following a consumer complaint. The recalled product, distributed in 11 states and online, was made on Jan 27, 2026...

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Bearish
4 hours ago
XRP faces regulatory uncertainty as the CLARITY Act's 2026 passage odds drop to 10%.

XRP faces regulatory uncertainty as the CLARITY Act's 2026 passage odds drop to 10%.

The Digital Asset Market Clarity Act, which would legally classify XRP as a commodity and provide regulatory clarity, now has only about a 10-20% chance of passing in 2026. XRP's current non-security status relies on a 2023 district court ruling that...

Market News
Bearish
4 hours ago
Vision Marine partners with Avikus to integrate intelligent navigation with electric propulsion for IBEX 2026 showcase.

Vision Marine partners with Avikus to integrate intelligent navigation with electric propulsion for IBEX 2026 showcase.

Vision Marine Technologies has started a partnership with Avikus, a subsidiary of HD Hyundai, to integrate Avikus's NEUBOAT intelligent navigation system with Vision Marine's twin-motor E-Motion™ electric propulsion. The integration will be validated...

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