A class action lawsuit has been initiated on behalf of individuals who purchased e.l.f. Beauty, Inc. securities between November 1, 2023, and November 19, 2024, according to an announcement by the Rosen Law Firm. The lawsuit alleges that e.l.f. made false statements regarding its inventory levels, sales, revenue, and profits throughout this period. Investors have the opportunity to pursue compensation without incurring upfront costs and do not need to be lead plaintiffs to participate in potential recoveries.