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Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Ulta Beauty, Inc. (ULTA)

BENSALEM, Pa., April 30, 2018 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors of the May 1, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased  Ulta Beauty, Inc. (“Ulta Beauty” or the “Company”) (NASDAQ:ULTA) securities between  March 30, 2016 and February 23, 2018, inclusive (the “Class Period”). Ulta Beauty investors have until May 1, 2018 to file a lead plaintiff motion.

Investors suffering losses on their Ulta Beauty investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

On February 9, 2018, media outlets reported allegations that the Company engaged in the “widespread and surreptitious” practice of repacking returned cosmetics and re-shelving them alongside unblemished products to sell at full price. On this news, Ulta’s share price fell $9.07, or 4.15%, to close at $209.48 on February 12, 2018, thereby injuring investors.

The complaint filed in this class action alleges that the Company issued false and/or misleading statements and/or failed to disclose that: (1) Ulta Beauty was engaged in the widespread practice of repackaging returned cosmetics and re-shelving them alongside unblemished products to sell at full retail price; and (2) as a result, Ulta Beauty's public statements were materially false and misleading at all relevant times.

If you purchased shares of Ulta Beauty during the Class Period you may move the Court no later than May 1, 2018 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com