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HNST.US
id: 1469

The Honest Company (HNST) Investor Settlement

The parties have reached an agreement to settle the case, but the terms are still being finalized.
C.D. California
Court
2:21-CV-07405
Case number
05/05/2021
Class period Start
09/15/2021
Class period End
The Honest Company (HNST) has reached a settlement with investors to resolve claims that it misled them about the safety and effectiveness of its flagship product.
Case Status
Tentative Settlement
Alleged Offence
Misleading Statements
Fraud
Failure to Disclose
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
09/15/2021
Plaintiffs
Kathie Ng
Attorneys
LABATON SUCHAROW LLP
Defendants
Nikolaos Vlahos; Kelly Kennedy; Jessica Warren
Judge
Mark C. Scarsi
Class wide damages
$125,000,000
Trades matching type
FIFO

Honest Company Inc

The Honest Company, Inc. manufactures and sells diapers and wipes, skin and personal care, and household and wellness products. The company also offers baby clothing and nursery bedding products. I...

    Ticker
    HNST.US
    ISIN
    US4383331067
    CIK
    1530979
    Sector
    Consumer Defensive
    Industry
    Household & Personal Products
    Country
    USA
    Address
    12130 Millennium Drive, Los Angeles, CA, United States, 90094