NEW YORK, Feb. 25, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Coty, Inc. ("Coty" or the "Company") (NYSE: COTY) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
Coty went public on June 13, 2013. Our investigation concerns whether the Coty board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, committed abuses of control, and/or made material misrepresentations by failing to cause the Company to disclose that in the months prior to the IPO: (a) its sales were deteriorating; and (b) demand for its products from retailers were declining.
If you own Coty shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP