Lululemon Probed Over Toxic Chemicals

Lululemon is the latest target of regulatory scrutiny regarding perfluoroalkyl and polyfluoroalkyl substances (PFAS), which have been linked to cancer and other health issues.

Paxton's office issued a Civil Investigative Demand to the company, following reports that certain workout gear may contain the harmful materials.

Lululemon has denied the allegations, stating it stopped using PFAS more than two years ago.

The investigation has already impacted the company's stock price as investors weigh the potential legal and reputational risks.