Cosmetics Retailer Seeks Dismissal Of Securities Fraud Claims

Mealey's (November 16, 2018, 1:44 PM EST) -- CHICAGO — Lead plaintiffs in a securities class action lawsuit against cosmetics retailer Ulta Beauty Inc. and two of its senior executives have failed to plead key elements of their federal securities law claims at the root of the amended complaint, the defendants argue in a Nov. 9 motion to dismiss filed in Illinois federal court (Barbara Chandler v. Ulta Beauty Inc., et al., No. 18-1577, N.D. Ill.)....