Olaplex Holdings, Inc. (OLPX) Analysis

Hey guys, if someone here invested in Olaplex, the company finally agreed to settle with investors over hiding risks tied to a now-banned ingredient in its top product in 2022. So, a quick recap: in 2022, Olaplex announced that they reformulated its flagship No. 3 Hair Perfector in June 2021 to remove lilial (a chemical banned in the EU due to infertility concerns, btw) However, the company continued to sell older stock containing the ingredient without informing investors (and clients). When...

Olaplex Holdings Inc. ($OLPX) has agreed to settle a class action lawsuit brought by investors who alleged the company misrepresented the safety of its hair care products and overstated key financial performance metrics. The case centered on claims that Olaplex failed to disclose reports of hair loss and scalp irritation linked to its products. When these concerns became public, $OLPX shares declined significantly. \>> **Class Period**: Investors who purchased Olaplex stock between Septemb...