By Steve Levine
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.
The total Settlement Fund is $47,500,000 before deductions for administration, taxes, attorneys fees and expenses, and any service awards.
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.
Status: Open to Claims
Submit ClaimStatus: Open to Claims
Submit ClaimDeadline: Oct 28, 2025
Submit ClaimDeadline: October 14, 2025
File ClaimSettlement Summary | |
Status | Open for Claims |
---|---|
Claim Form Deadline | November 24, 2025 |
Settlement Amount | $47,500,000 Common Fund |
Settlement Category | Securities |
Estimated Payout per Person | About $0.44 per share after deductions |
Proof Required | Yes - broker records |
Exclusion Deadline | November 10, 2025 |
Objection Deadline | November 10, 2025 |
Final Approval Hearing | December 1, 2025 |
Case Number | 2:22-cv-08395-SVW(SKx) |
Case Title | Lilien v. Olaplex Holdings Inc., et al. |
Settlement Website | Settlement Website |
Settlement Administrator | Epiq Systems Inc. |