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HELE Stockholders Have Rights – If You Lost Money Investing in Helen of Troy Limited Contact Robbins LLP for Information About Recovering Your Losses
GlobeNewswire Inc.·
Robbins LLP filed a class action lawsuit against Helen of Troy Limited (HELE) alleging the company misled investors about Project Pegasus, a restructuring initiative meant to improve efficiency and reduce costs. Despite management's assurances of progress, the company lacked sufficient resources to achieve stated goals. Subsequent earnings disclosures revealed significant declines in sales and earnings, triggering stock price drops of 22.7% and 25% in consecutive quarters.
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