Sign In
Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
OLPX.US
On October 18, 2022, after the market close, Olaplex (OLPX) announced a disappointing guidance cut and the sudden departure of the COO, Tiffany Walden.

On this news, OLPX stocks dropped over 56% and lost about $3.6 billion of its capitalization.

No factors or earlier statements by the Company foreshadowed such a turn of events. “We find COO Tiffany Walden’s sudden resignation…concerning,” writes JPMorgan analyst Andrea Teixeira.

Overall, Investors in Olaplex shares have grounds to suspect that the Company and its Leaders misinformed them about business prospects and developments.
Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Negligence
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
18 October 2022
Collecting participants…
Created by Stan Vick, Scout

Olaplex Holdings Inc

Olaplex Holdings, Inc. develops, manufactures, and sells hair care products. The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair, as wel...

    Ticker
    OLPX.US
    ISIN
    US6793691089
    CIK
    1868726
    Sector
    Consumer Cyclical
    Industry
    Specialty Retail
    Country
    USA
    Address
    1187 Coast Village Road, Santa Barbara, CA, United States, 93108