Hain Celestial $35M Securities Class Action Settlement

William C. Gendron

Editor in Chief

Published

August 3, 2026 2:47 PM

Updated

August 3, 2026

Who can file a claim?

The settlement class includes all persons and entities who purchased or otherwise acquired Hain publicly traded common stock, or exchange-traded call or put options on that stock, between Nov. 5, 2013, and Feb. 10, 2017, inclusive, and experienced damages as a result.

Additional details

Both individuals and entities can be class members.
The settlement includes investors who held securities in their own name and those who held through a brokerage firm or other nominee.
The actual beneficial owner or the legal representative of that owner must file the claim.
Joint owners must each sign the claim form.
Executors, administrators, guardians, conservators, legal representatives and trustees may submit claims on behalf of others and must provide proof of authority.
Claimants filing for multiple accounts must submit a separate claim form for each account.

How much can class members get?

The total settlement fund is $35,000,000. The amount each class member receives depends on several factors:

The number of valid claims submitted
The number of shares or option contracts purchased or acquired during the class period
The timing of each purchase and sale relative to the alleged corrective disclosures
The total recognized claims of all claimants

The settlement administrator will distribute payments on a pro rata basis according to the court-approved plan of allocation:

The estimated average recovery is about $0.28 per allegedly damaged share of Hain common stock before deductions. After estimated deductions of about $0.10 per share for attorneys' fees and litigation expenses, the estimated average recovery is about $0.18 per share.
Actual payments may be higher or lower depending on individual claims and the total number of valid claims.
To have a compensable loss, class members must have held eligible shares or call options through at least one of the alleged corrective disclosure dates of Jan. 22, 2016, Aug. 16, 2016, or Feb. 13, 2017, or held put option positions open through at least one of those dates.
The settlement administrator will match purchases and sales of each security on a first-in, first-out basis:

For shares sold before Jan. 22, 2016, the recognized loss is zero.
For shares sold from Jan. 22, 2016, through Feb. 10, 2017, the recognized loss is the lesser of the artificial inflation at purchase minus the artificial inflation at sale or the out-of-pocket loss.
For shares sold from Feb. 11, 2017, through May 12, 2017, the recognized loss is the least of the artificial inflation at purchase, the purchase price minus the average closing price from Feb. 13, 2017, through the sale date or the out-of-pocket loss.
For shares held as of the close of trading May 12, 2017, the recognized loss is the lesser of the artificial inflation at purchase or the purchase price minus $36.41, the mean closing price during the 90-day lookback period.
For purchases from Nov. 5, 2013, through Jan. 21, 2016, the artificial inflation is $18.87 per share.
For purchases from Jan. 22, 2016, through Aug. 15, 2016, the artificial inflation is $17.20 per share.
For purchases from Aug. 16, 2016, through Feb. 10, 2017, the artificial inflation is $3.57 per share.
For call options purchased and put options sold during the class period, the settlement administrator will apply parallel formulas using the inflation and deflation amounts set for each option series (pages 18-28 of the settlement notice).

The settlement administrator will set any recognized loss that calculates to a negative number to zero.
If total recognized claims exceed the net settlement fund, the settlement administrator will reduce payments on a pro rata basis.
Class members whose payment would be less than $10 will not receive a payout.

How to claim a Hain Celestial securities class action settlement payment

Class members can file a claim online or download, print and complete the PDF claim form and mail it to the settlement administrator. The claim deadline is Oct. 13, 2026.

Settlement administrator's mailing address: Hain Celestial Securities Settlement, c/o Verita Global LLC, P.O. Box 301171, Los Angeles, CA 90030-1171

Proof or documentation required to submit a claim

All class members must provide the last four digits of their Social Security number or full taxpayer identification number. They must also provide holdings and transaction information, including:

Number of shares held at the opening of trading Nov. 5, 2013, and at the close of trading May 12, 2017
Trade dates for purchases and sales from Nov. 5, 2013, through May 12, 2017
Number of shares purchased, acquired or sold
Price per share and total price, excluding taxes, commissions and fees
Option type, expiration date, strike price, number of contracts and price per contract for call and put option transactions

Class members must also provide documentation to support their transactions in Hain securities. Acceptable proof includes:

Broker confirmation slips
Broker account statements
Authorized statements from a broker containing the transactional information found in a confirmation slip

Payout options

Physical check

$35 million settlement fund

The $35,000,000 settlement fund includes:

Notice and administration expenses: Up to $500,000 before the effective date
Attorneys' fees: Up to $11,655,000
Attorneys' expenses: Up to $950,000
Payments to eligible class members: Remainder of the fund

Important dates

Opt-out deadline: Oct. 7, 2026
Deadline to file a claim: Oct. 13, 2026
Fairness hearing: Oct. 28, 2026

When is the Hain Celestial securities class action settlement payout date?

The settlement administrator will issue payments after it processes all claims and the court resolves any appeals and grants final approval of the settlement.

Why did this class action settlement happen?

The class action lawsuit alleged Hain Celestial and certain executives concealed that the company gave its largest U.S. distributors concessions to buy product ahead of their normal purchasing patterns and improperly recognized revenue on those sales. The plaintiffs claimed these practices inflated Hain's reported results and securities prices and caused investor losses when the company released corrective information.

Hain and the individual defendants denied all allegations of wrongdoing but agreed to settle to avoid the costs, risks and delays of continued litigation.