StatusSettlement Closedclaim deadline passed November 24, 2025
Claim DeadlineNovember 24, 2025 (passed)final approval hearing December 1, 2025
Estimated Payout~$0.44 per damaged share (avg)$47,500,000 cash fund · pro rata by Recognized Loss
Proof RequiredYesbroker trade confirmations or monthly statements of your Olaplex trades
What Is the Olaplex Securities Settlement About?
A $47,500,000 settlement was 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, and the claim deadline of November 24, 2025 has now passed.
What Was 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.
Who Qualified for a Payout?
Class members are those who purchased or otherwise acquired Olaplex Holdings (NASDAQ: OLPX) 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 could file with documentation, and legal representatives and joint owners could file with proper proof and signatures.
How Much Could Class Members Get?
Payments are made pro rata from the net Settlement Fund based on the Plan of Allocation. The average recovery was estimated at about $0.44 per allegedly damaged share after deductions, but each amount depends on purchase and sale dates and prices, and whether the shares were held past certain dates.
When Will Payments Be Made?
The Final Approval Hearing was set for December 1, 2025. If the Court grants final approval and any appeals are resolved, payments are distributed thereafter by the Claims Administrator.
Was Proof Required?
Yes. Claimants had to provide broker trade confirmations, monthly statements, or other competent records showing each purchase and sale relevant to the claim. Legal representatives had to include proof of authority, and joint owners all had to sign the claim form. If you filed and need help with a submitted claim, use the contact form on the official settlement website.
Frequently Asked Questions About the Olaplex Settlement
Who is included in the Olaplex Securities Settlement?
All persons and entities who purchased or otherwise acquired Olaplex publicly traded common stock on or before November 12, 2021, pursuant and/or traceable to the Offering Documents for the Olaplex initial public offering between September 29, 2021 and November 12, 2021, and were allegedly damaged.
How much money is in the Settlement Fund?
The Settlement Fund totals $47,500,000, from which approved claims, notice and administration costs, court-approved attorneys' fees and expenses, taxes, and any service awards are paid.
What was the claim deadline?
Claim Forms had to be submitted online or postmarked by November 24, 2025. That deadline has passed and the settlement is closed to new claims.
How were payments calculated?
Payments are distributed pro rata based on each claimant's recognized loss under the Plan of Allocation. The average recovery was estimated at about $0.44 per allegedly damaged share after deductions, but each payment depends on purchase and sale dates and prices.
Was proof required to file a claim?
Yes. Claimants had to provide documentation of their Olaplex stock transactions, such as broker trade confirmations, monthly statements, or other competent records. Legal representatives had to provide proof of authority.
Official Settlement Notice
Sources
• Official Settlement Website: OlaplexSecuritiesSettlement.com
• Long Form Notice, Lilien v. Olaplex Holdings Inc., et al., No. 2:22-cv-08395-SVW (SKx) (C.D. Cal.)
• Proof of Claim and Release Form, Olaplex Securities Settlement
• Class Counsel: Labaton Keller Sucharow LLP
Filing Class Action Settlement Claims
This is a news article for informational purposes. OpenClassActions.com is not the settlement administrator or a law firm. For help with a claim you already submitted, contact the administrator or Class Counsel through the official Settlement Website.
Settlement Amount
$47,500,000
Case Title
Lilien v. Olaplex Holdings Inc., et al.
Case Number
2:22-cv-08395-SVW (SKx)
Court
U.S. District Court, Central District of California
Class Period
September 29, 2021 – November 12, 2021 (IPO)