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Bragar Eagel & Squire, P.C. Reminds Helen of Troy Limited Investors That Class Action Lawsuit Has Been Filed and Encourages Investors to Contact the Firm Before August 3rd
GlobeNewswire Inc.·
A class action lawsuit has been filed against Helen of Troy Limited for allegedly misleading investors about Project Pegasus, a restructuring initiative. The company claimed the project was delivering efficiencies and cost savings, but it lacked sufficient resources to achieve stated goals. When the truth emerged in July 2024, the company reported a 49% decline in earnings per share and cut full-year revenue outlook by over 20%, causing stock price to drop 27.7%. Investors who purchased shares between April 24, 2024, and October 8, 2025, can join the lawsuit with a deadline of August 3, 2026.
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