The Beauty Health Company Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Boston, Massachusetts--(Newsfile Corp. - November 14, 2023) - Block & Leviton is investigating The Beauty Health Company (NASDAQ: SKIN) for potential securities law violations. Investors who have lost money in their The Beauty Health Company investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/skin.

What is this all about?

After the market closed on November 13, 2023, The Beauty Health Company announced Q3 2023 financial results in which it disclosed that "[t]he quarter was overshadowed by lower-than-expected U.S. revenue and $63.1 million in restructuring charges related to device upgrades of early generation Syndeo devices." The Company also revised its 2023 net sales and EBITDA margin guidance down and suspended it long-term 2025 financial outlook.

Shares of The Beauty Health Company stock dropped approximately 40% in afterhours trading on November 13, 2023, and fell more than 60% in intraday trading on November 14, 2023.

Who is eligible?

Anyone who purchased The Beauty Health Company stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. We have obtained, and are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com

SOURCE: Block & Leviton LLP
www.blockleviton.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/187363