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Cody Dixon v. The Honest Company, Inc. et al
Case Number:
2:21-cv-07405
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- A&O Shearman
- Cooley LLP
- Glancy Prongay
- Greenberg Traurig
- Labaton Keller
- Pomerantz LLP
- Rosen Law Firm PA
- Schall Law
- Thornton Law Firm LLP
Companies
- Citigroup Inc.
- Guggenheim Partners LLC
- Jefferies Financial Group Inc.
- JPMorgan Chase & Co.
- L Catterton
- Loop Capital Markets LLC
- Morgan Stanley
- Penserra Securities LLC
Sectors & Industries:
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June 13, 2023
Honest Co. IPO Class Action Sent To Private Mediation
A California federal judge has ordered private mediation in a certified class action against Jessica Alba's The Honest Co., in which investors accused the actress' beauty company of failing to disclose negative trends before its initial public offering.
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May 01, 2023
Trimmed Investor Class Certified In Suit Over Honest Co. IPO
A California federal judge on Monday certified a class of investors alleging Jessica Alba's The Honest Co. Inc. failed to disclose negative trends before an initial public offering, but the judge modified the class definition to include only those who purchased the IPO stocks prior to the date shares in lock-up agreements with underwriters were released.
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April 17, 2023
Cert In Honest Co. Row May Be 'Kicking The Can,' Judge Says
An attorney for investors alleging Jessica Alba's the Honest Company Inc. failed to disclose negative trends before an initial public offering argued on Monday that the proposed class is properly defined after a California federal judge wondered if granting class certification is "kicking the can" to a messy claims process.
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March 07, 2023
Jessica Alba's Baby Product Biz Fights Cert. In Investor Suit
Jessica Alba's "clean lifestyle" baby and beauty product company has pushed back against investors' bid for certification in a consolidated proposed class action over alleged misrepresentations about a new diaper product, saying the lead plaintiff is inadequate to serve as class representative and has only a "rudimentary understanding" of the case.
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February 14, 2023
Honest Co. Investors Seek Cert. In COVID-Tied Suit
Investors in Jessica Alba's "clean lifestyle" baby and beauty product maker the Honest Company Inc. have asked a Los Angeles for class certification in their consolidated proposed class action alleging that when the company held its initial public offering in May 2021, it failed to properly explain negative trends affecting sales in the company's key diaper business segment.
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July 20, 2022
Jessica Alba's Honest Co. Can't Exit COVID-Tied Investor Suit
A California federal judge has allowed a suit against actress and entrepreneur Jessica Alba's baby and beauty brand the Honest Co. to move forward, dismissing only part of the plaintiffs' claims that the company failed to properly explain that it might see a post-lockdown slump in diaper and wipes sales ahead of its May 2021 initial public offering.
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March 15, 2022
Honest Co. Wants Investor Suit Over Diaper Sales Trashed
Actress Jessica Alba's baby and beauty company Honest Co. asked a California federal judge on Monday to toss a proposed consolidated class action alleging the company failed to properly explain that it might see a post-lockdown slump in diaper and wipes sales ahead of its May 2021 initial public offering.
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January 27, 2022
Labaton Nabs Lead In Honest Co. Investor's Diaper IPO Suit
Labaton Sucharow LLP will represent a proposed class of investors in the Honest Co. baby and beauty concern in a suit accusing the company of failing to properly explain that it might see a post-lockdown slump in diaper sales ahead of its May 2021 initial public offering.
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November 18, 2021
3 Firms Vie For Lead Role In Honest Co. Investor Suits
Three different law firms are moving to combine two nearly identical investor class actions filed against The Honest Company over allegedly misleading information released when its stock went public, fighting over who should be named lead counsel.
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September 16, 2021
Investor Says Jessica Alba's Co. Hid COVID Stock-Up Losses
Jessica Alba's Honest Company beauty and baby brand has been hit with a proposed investor class action in California federal court, with shareholders alleging the actress' company failed to disclose it knew it was dealing with losses tied to consumers stocking up on certain products during the COVID-19 pandemic.