L'Oréal S.A. (OR.PA)
- Reuters
L'Oreal to face lawsuit over wrinkle-smoothing collagen claims
L'Oreal SA on Tuesday failed to persuade a U.S. judge in Manhattan to dismiss a proposed class action lawsuit accusing the company of defrauding shoppers by suggesting that two topical collagen products help smooth wrinkles. The plaintiffs Rocio Lopez and Rachel Lumbra sued in August 2021, claiming that L'Oreal violated New York and California consumer protection laws by deceiving them into overpaying for its Collagen Moisture Filler Day/Night Cream and its Fragrance-Free Collagen Moisture Filler Daily Moisturizer. According to the complaint, topically applied collagen is too large to be absorbed by the epidermis, the uppermost layer of skin, making the products incapable of helping "smooth wrinkles" and "restore skin's cushion" as the labels suggest.
- GlobeNewswire
L'Oréal: News Release: "L’Oréal signs an agreement to acquire Skinbetter Science, a physician-dispensed American skincare brand"
NEWS RELEASE L’Oréal signs an agreement to acquire Skinbetter Science,a physician-dispensed American skincare brand Clichy, September 23, 2022 – L’Oréal signed an agreement to acquire Skinbetter Science, a physician-dispensed American skincare brand backed by cutting-edge, dermatological science, combining patented efficacious ingredients with luxurious sensorial textures. Skinbetter Science was co-founded in 2016 by pharmaceutical industry professionals, Jonah Shacknai, Justin Smith and Seth Ro
- GlobeNewswire
L'OREAL: Disclosure of total number of voting rights and number of shares in the capital at August 31, 2022
Société anonyme au capital de 107 345 775,20 euros Siège social : 14, rue Royale, 75008 Paris 632 012 100 R.C.S. Paris Legal Entity Identifyer : 529900JI1GG6F7RKVI53 Disclosure of total number of voting rights and number of shares in the capital at 31 August 2022 Pursuant to article L-233-8 II of the French “Code de Commerce” and 223-16 of the AMF's General Regulations: Total number of shares 536,728,876 Number of real voting rights (excluding treasury shares) 536,728,876 Theoretical number of v
