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ADVISORY EXCELLENCE

Law Offices of Howard G. Smith Announces Securities Class Action

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Avon Products, Inc. (“Avon” or the “Company”) (NYSE: AVP) securities between August 2, 2016 and August 2, 2017, inclusive (the “Class Period”). Avon investors have until April 15, 2019 to file a lead plaintiff motion.

Investors suffering losses on their Avon investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

On August 3, 2017, Avon issued a press release announcing its second quarter 2017 financial results and held a conference call to discuss the results. The Company reported a net loss of $0.12 per share and a 3% decline in active representatives. Avon also reported that Brazil revenue was “down 2% in constant dollars, primarily driven by a decrease in Active Representatives.” On the call, Avon’s Chief Financial Officer acknowledged that, despite Avon’s earlier representations, the remedial actions in Brazil (i.e., stricter credit terms applied to recruiting new representatives) were negatively impacting active representatives and revenue in Brazil. On this news, shares of Avon fell $0.36, or 10.71%, to close at $3.00 per share on August 3, 2017, thereby injuring investors.

The Complaint filed in this class action alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) Avon was engaged in an undisclosed scheme whereby it significantly loosened its credit terms in order to recruit new representatives in Brazil, its largest market; (2) its specific credit terms in Brazil; (3) Avon failed to increase its allowance for doubtful accounts to account for the changes to its credit terms in Brazil; and (4) as a result of these concealments, Avon stock was trading at artificially inflated prices throughout the class period.

If you purchased shares of Avon, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com/

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Elder Law

Hazen Law Group to Host Estate Planning Discussion at Walden Way

Hazen Law Group will host a free informational session and discussion at Walden Way 55+ Community in Mount Joy, Pennsylvania on April 3, 2019.

Marielle F. Hazen, Esq., will lead an information-packed session on Elder Law & Estate Planning for senior citizens, their loved ones, and anyone who wants to learn about proper estate planning, asset protection and elder law.

Marielle Hazen is a Certified Elder Law Attorney (CELA). She is also the founder of Hazen Law Group, a firm dedicated to the practice of elder law, estate planning and administration, nursing home planning and special needs law.

The session will take place at the Walden Way Community Center from 2:00 to 3:00 p.m. on Wednesday, April 3. For more information about Walden Way, contact Jean Young at 717-928-4432.

Marielle Hazen is a founding member and past president of the Pennsylvania Association of Elder Law Attorneys (PAELA) and a past president of the Special Needs Alliance.

Hazen Law Group provides expert guidance in elder law, special needs law and estate planning in Harrisburg, Pennsylvania and surrounding communities. For more about the firm or to schedule a consultation, call Hazen Law Group at 717-540-4332.

If you would like to find out more, please visit http://www.hazenlawgroup.com/