The Honest Company ($HNST) Is Paying a Settlement to Investors — Here’s How to Get Your Share

Court: C.D. California

Case: 2:21-CV-07405

The Honest Company HNST settled claims that it misled them about the safety and effectiveness of its flagship product.

This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.

Who is eligible?

All persons who purchased or otherwise acquired The Honest Company’s publicly traded common stock pursuant and/or traceable to the Offering Documents for Honest’s Initial Public Offering before August 19, 2021, and were damaged thereby​.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How much can you recover?

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.41 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $1.64 per share.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

More than 100 companies are currently paying out settlements. Connect your portfolio to automatically see which ones you might have missed — or file manually for this case. Don’t miss your chance to get yours back.