U.S. District Judge Dale E. Ho of the Southern District of New York on Tuesday granted a beauty product company’s motion to dismiss a lawsuit filed by a shareholder who objected to the company’s executive compensation practices and alleged deficiencies in related disclosures.
Skadden, Arps, Slate, Meagher & Flom partners Scott Musoff, Lauren Aguiar and Paul Lockwood represent the defendants, Coty Inc., whose brands include Covergirl, Philosophy and Sally Hansen, and its board of directors.