Proposed Class Action Settlement for Olaplex Holdings, Inc. Investors Announced

Proposed Class Action Settlement for Olaplex Holdings, Inc.

On September 4, 2025, Labaton Keller Sucharow LLP announced a proposed settlement in a class action lawsuit involving purchasers of common stock from Olaplex Holdings, Inc. The settlement comes as a result of allegations raised against the company regarding the stock's initial public offering (IPO).

Background of the Case

The class action lawsuit, initiated by lead plaintiff Leslie Lilien, concerns individuals and entities who purchased Olaplex's publicly traded common stock up to November 12, 2021. These investors allege damages related to the company's IPO and the offering documents relevant to that period. The defendants in this case include Olaplex Holdings and various individuals associated with the company, all of whom maintain their denial of any wrongdoing.

The amount proposed for settlement stands at $47.5 million. A hearing to finalize the details of this settlement is set for December 1, 2025, in the United States District Court for the Central District of California. During this hearing, the court will evaluate the fairness and reasonableness of the settlement and address whether it should be approved.

Settlement Hearing Details

The Settlement Hearing will take place at the First Street Courthouse in Los Angeles, California. Investors affected by the proposed settlement are advised that attendance is not necessary to receive a distribution from the settlement fund.

For individuals included in the settlement class, their rights are impacted by this proposed settlement, and they may be entitled to receive monetary compensation. Information regarding the process to submit claims or opt out from the settlement will also be provided.

To safeguard their rights, members of the settlement class must submit a valid Claim Form by November 24, 2025. This form can be submitted online or postmarked by the deadline. Furthermore, if an investor wishes to exclude themselves from the settlement, a written request must be submitted by November 10, 2025.

Inquiries regarding the settlement can be directed to Labaton Keller Sucharow LLP, the lead counsel for the case, or to the Claims Administrator via the settlement website or customer service channels provided.

Conclusion

This proposed settlement represents a significant step in resolving the claims against Olaplex Holdings, Inc. and allows affected investors a chance to reclaim some of their losses connected to the company's IPO. The upcoming hearing will serve as a crucial juncture in determining the path forward for all involved parties.

For further information about this settlement, interested parties can visit www.OlaplexSecuritiesSettlement.com. Actual amounts received by class members will be contingent on the plan of allocation, which will be discussed during the settlement hearing.