ATLANTA, GA – – (November 21, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Olaplex Holdings, Inc. (“Olaplex” or the “Company”) (NASDAQ: OLPX). The lawsuit alleges Olaplex’s Registration Statement contained materially false and/or misleading statements and/or failed to disclose that: (i) macroeconomic pressures and competition in the haircare market were more robust than the Company had represented to investors; (ii) accordingly, Olaplex was unlikely to maintain its sales and revenue momentum; and (iii) as a result, it was unlikely Olaplex would be able to achieve the financial and operational growth projected in the Registration Statement.
If you bought shares of Olaplex pursuant and/or traceable to the Company’s September 2021 IPO and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/olaplex/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is January 17, 2023.
Lead Plaintiff Deadline Has Passed
January 17, 2023