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SEC Drops Investigation Into Waldencast

Provided by Dow Jones Apr 28, 2026, 10:40:00 PM

By Elias Schisgall

The Securities and Exchange Commission will not recommend enforcement action against Waldencast after investigating its financial reporting practices, the company said Tuesday.

The agency was investigating the beauty and wellness platform company over the restatement of its financial results and weaknesses in its internal control over financial reporting. It concluded the investigation and will not recommend enforcement, the company said.

"We are pleased with the favorable outcome of the SEC's investigation," Chief Executive Officer Michel Brousset said. "Throughout the Investigation, we fully cooperated and dedicated significant resources to the process. At the same time, we maintained our focus on executing our business plans, upholding strong governance, and ensuring robust internal controls."

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 28, 2026 18:40 ET (22:40 GMT)

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