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Coty stocks plummet after Kylie was kicked off Forbes' Billionaire list: Company with controlling stake in 22-year-old's cosmetic brand takes a hit after she 'inflated the value of her business'
DM ^ | 5/31/2020 | DM

Posted on 05/31/2020 9:49:37 AM PDT by RummyChick

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To: RummyChick
Company with controlling stake in 22-year-old's cosmetic brand takes a hit after she 'inflated the value of her business' SEC investigations...shareholder lawsuits..coming soon

To be as fair as possible, no firm would pay $600MM without an audit or solvency opinion and due diligence. While Ms. Jenner certainly has some questions to answer, it is just as plausible that her handlers were the inflators. She doesn't strike me as the sharpest pencil in the box.

21 posted on 05/31/2020 10:42:09 AM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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To: RummyChick

Holy cow, if they released phony figures, it really won’t matter if they were part of filed documents or not.

Little Ms Rip-Off was clearly trying to defraud her investors. Good luck staying out of the slammer, tuts!


22 posted on 05/31/2020 10:45:48 AM PDT by CharleysPride (Bring Luke Denman and Airan Berry home!)
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To: DoodleBob

https://blindgossip.com/financial-tales-part-1/#more-99525

“You should note that Kylie’s signature was on these documents. That seems to indicate that Kris Jenner lied… and Kylie Jenner signed off on the lies’


23 posted on 05/31/2020 10:46:25 AM PDT by RummyChick ( Yeah, it's Daily Mail. So what.)
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To: DoodleBob
She doesn't strike me as the sharpest pencil in the box.

Her disgusting grifter Mother handles everything that goes on with that family.

24 posted on 05/31/2020 10:47:56 AM PDT by CaptainK ('No collusion, no obstruction, he's a leaker')
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To: CaptainK

It would be interesting to know who put out the story that Kylie won’t return her mother’s phone calls.

Is someone getting thrown under the bus?


25 posted on 05/31/2020 10:49:39 AM PDT by RummyChick ( Yeah, it's Daily Mail. So what.)
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To: CaptainK
True, but her mother also strikes me as smart enough to know the whole house of cards will fall with an SEC investigation. Lying to people on Instagram is the one thing: violating securities law is something else.

The storm brought on my defrauding investors will make the Bruce Jenner episode feel like a warm breeze.

26 posted on 05/31/2020 10:51:46 AM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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To: catnipman

Okay then.
Expect my name on the Forbes list next year.
I can do forged tax returns too.


27 posted on 05/31/2020 10:59:09 AM PDT by SmokingJoe
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To: tennmountainman

What she did is far far worse then Lori Loughlin ever did who tried to get her kids in college.

You wanna bet Kylie Jenner gets off scott free and does not lose her tv and youtube jobs.


28 posted on 05/31/2020 11:14:05 AM PDT by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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To: Aria

Irony .
Cosmetics are about making you see something that is not there.
LOL
Irony on top of irony.
With outlines and shades of irony.


29 posted on 05/31/2020 11:20:52 AM PDT by Honest Nigerian
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To: RummyChick

Well, maybe she and the Theranos gal can start a billion dollar lemonade stand.


30 posted on 05/31/2020 11:46:15 AM PDT by GnuThere
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To: RummyChick

I lost money on COTY...a few months ago.


31 posted on 05/31/2020 11:48:05 AM PDT by Osage Orange (Mar's isn't a place to raise your kid...)
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To: Honest Nigerian

‘Irony’ is the name of Kylie Jenner’s cosmetics line : )


32 posted on 05/31/2020 11:48:26 AM PDT by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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