#United States #New York #securities litigation #Settlement #Hain Celestial

Proposed Settlement in Hain Celestial Securities Litigation

On August 10, 2026, attorneys from Labaton Keller Sucharow LLP and Glancy Prongay Wolke & Rotter LLP announced a proposed settlement regarding the securities litigation involving The Hain Celestial Group Inc. This announcement comes after extensive legal proceedings concerning allegations of misrepresentations made by the company during the period of November 5, 2013, to February 10, 2017.

Background of the Case

The case, identified as IN RE THE HAIN CELESTIAL GROUP INC., SECURITIES LITIGATION (Case No. 216-cv-04581-JS-LGD), was filed in the United States District Court for the Eastern District of New York. Lead Plaintiffs Rosewood Funeral Home and Salamon Gimpel, representing the interests of all shareholders who purchased Hain's publicly traded common stock and options within the class period, initiated the action. The allegations claimed that the company had provided misleading statements that ultimately impacted stock prices and harmed investors.

Details of the Settlement

The proposed settlement amount is $35 million, designed to compensate members of the defined Settlement Class, which encompasses individuals and entities that transacted in Hain securities during the specified timeframe. Notably, this sum aims to provide financial reparation for those who suffered damages due to the alleged misconduct. The Court has scheduled a Settlement Hearing for October 28, 2026, at 11:00 A.M. E.T., during which the fairness and adequacy of the settlement will be assessed.

Important Dates to Remember

• - Settlement Hearing: Increase your chances to understand the judicial approval process by dialling 669-254-5252 and entering Meeting ID 165 624 3344 as well as Passcode 921609 to join the hearing.
• - Claim Form Deadline: Current Settlement Class Members must submit a Claim Form by October 13, 2026, to be eligible for compensation from the settlement fund.
• - Exclusion Deadline: Any members wishing to opt out of the Settlement Class must do so by submitting a written request no later than October 7, 2026.

How to Participate

Members of the Settlement Class will receive instructions on how to file a claim to obtain compensation from the settlement fund. To ensure these individuals' rights are respected, they should remain aware that failure to submit a valid Claim Form by the established deadline will forfeit their right to participate in the distribution.

For further information regarding the settlement or to ascertain eligibility, affected parties can visit the settlement's official website or contact the designated Claims Administrator, Verita Global LLC, at the address provided in the notified documentation.

Inquiries can also be directed to the law firms representing the plaintiffs, as detailed in the initial notice. Importantly, individuals are advised not to reach out to the Court or the Defendants specifically about this notice, as it may complicate proceedings.

Conclusion

The proposed settlement represents a significant step toward closure for affected stakeholders within the Hain Celestial Group investor community. As we await further developments from the upcoming hearing, stakeholders should prepare to act promptly to secure their rights regarding claims.