Investors Have Until Today to Claim Their Payout from the $27.5M The Honest Company Settlement

Court: C.D. California

Case: 2:21-CV-07405

Investors have until today left to submit their claims and receive payout in the $27.5M The Honest Company settlement.

What is this settlement?

In 2021, The Honest Company went public, promoting itself as a fast-growing clean consumer goods brand. However, investors alleged that the company failed to disclose declining demand, negative customer reception to new product lines, and stockpiling issues during the COVID-19 pandemic, which artificially inflated sales before the IPO.

Following this, The Honest Company was sued by shareholders and has agreed to settle by paying $27.5M to investors.

What can you do to recover your losses now?

You can submit your claim and be notified of any further updates.

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