News Source: Pres Release
"WASHINGTON, Oct 28, 2011 -- Finkelstein Thompson LLP announces that it is investigating potential claims on behalf of shareholders of Avon Products, Inc. ("Avon" or the "Company"). On October 27, 2011, various news outlets reported that Avon issued a regulatory filing stating that the U.S. Securities and Exchange Commission ("SEC") had issued a subpoena seeking information about communications with financial analysts starting during 2010 and 2011 and that the SEC also began formally investigating Avon's international operations. After this news was released, the Company's share price dropped more than 17% to close at $18.99 per share on October 27, 2011."
