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Global Business News

The Economic Times

Global Business / The Economic Times

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LOral turns to restructuring advisers as US lawsuits pile up

c. The company's US unit is collaborating with Weil Gotshal & Manges and Ducera Partners for potential restructuring. Multiple lawsuits allege that L'Oreal's products have caused illness and that evidence was concealed. Arizona has filed a lawsuit against L'Oreal for allegedly hiding cancer risks associated with hair relaxers.

6 Oct 2026 7:29 am