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Avon Products, Inc. (NYSE:AVP) Former Employee Investigation Concerning Potential Wrongdoing

  • Former employees of Avon Products, Inc. (NYSE:AVP), who are current or former participants in the Avon Products Employee Stock Ownership Plan, have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Avon Products, Inc.
Security
NYSE: AVP

Summary

March 10, 2015 (Shareholders Foundation) - An investigation on behalf of former employees of Avon Products, Inc. (NYSE:AVP), who is a current or former participant in the Avon Products Employee Stock Ownership Plan, concerning potential Breaches of Fiduciary Duty was announced.

According to the investigation by a law firm under ERISA employees of Avon Products, Inc. (NYSE:AVP, who is a current or former participant in the Avon Products Employee Stock Ownership Plan, may be eligible to file a ERISA complaint for putting stock options at risk if they can prove their employer violated its fiduciary duty to them.

Avon Products, Inc. reported that its annual Total Revenue declined from over $11.09 billion in 2011 to over $8.85 billion in 2014 and that its Net Income of $671.40 million in 2011 decreased to a Net Loss of $388.60 million in 2014. Shares of Avon Products, Inc. (NYSE:AVP) declined from $34.86 per share in October 2010 to as low as $7.47 per share in January 2015.

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