Dec. 4 at 3:25 PM
$HNST has agreed to a
$27.5M settlement to resolve claims that it misled investors about product demand and financial risks at the time of its 2021 IPO.
Who’s eligible?
Anyone who purchased
$HNST shares between May 5, 2021 and August 19, 2021.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.41 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.64.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/honest-investor-settlement
