Revolution Beauty has announced that the FCA has ceased its investigation into the company, with no further action to be taken. The investigation into the founders, Adam Minto and Tom Allsworth was concluded in November 2024. The FCA originally opened its inquiry in July 2023 into potential breaches of Market Abuse Regulation (MAR). While this is not a financial or strategic update, it removes an overhang of uncertainty that has weighed on the business. Our forecasts and target price remain unde ....
