A $47,500,000 settlement has been reached in Lilien v. Olaplex Holdings Inc., et al. over
allegations that the IPO Offering Documents contained materially false or misleading statements or
omissions related to regulatory impacts and product safety risks. Olaplex denies all wrongdoing. The
settlement avoids the cost and uncertainty of continued litigation.
What is the Total Settlement Amount?
The total Settlement Fund is $47,500,000 before deductions for administration, taxes, attorneys fees and
expenses, and any service awards.
How Do I Qualify For a Payout?
You may be eligible if you purchased or otherwise acquired Olaplex publicly traded common stock pursuant
and or traceable to the Offering Documents for the IPO between September 29, 2021 and November 12, 2021
and were allegedly damaged. Beneficial owners who held through brokers may file with documentation.
Legal representatives and joint owners may file with proper proof and signatures.
How Much Can I Get?
Payments will be made pro rata from the net Settlement Fund based on the Plan of Allocation. The average
recovery is estimated at about $0.44 per allegedly damaged share after deductions, but your amount depends
on your purchase and sale dates and prices, and whether you held past certain dates.
When Will I Be Paid?
The Final Approval Hearing is set for December 1, 2025. If the Court grants final approval and any
appeals are resolved, payments will be distributed thereafter by the Claims Administrator.
How Do I File a Claim?
File online or download and mail the claim form by November 24, 2025.
Yes. Provide broker trade confirmations, monthly statements, or other competent records showing each
purchase and sale that is relevant to your claim. Legal representatives must include proof of authority.
Joint owners must all sign the claim form.
This is a news article for informational purposes. OpenClassActions.com is not the settlement administrator
or a law firm. For help with your claim, contact the administrator or Class Counsel listed above.