NEW YORK, September 26, 2021 / PRNewswire / –
WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of the common stock of The Honest Company, Inc. (NASDAQ: HNST) in accordance with and / or traceable to the Company‘s initial public offering conducted in May 2021 (the “IPO”) of the important November 15, 2021 lead applicant’s time limit.
SO WHAT: If you have purchased common stock of The Honest Company in accordance with and / or traceable to the IPO, you may be entitled to compensation without payment of any fees or additional charges through an agreement of contingency fees.
WHAT TO DO NEXT: To join The Honest Company class action lawsuit, go to http://www.rosenlegal.com/cases-register-2161.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to serve as the principal applicant, you must move the court not later than November 15, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the class to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing reviews do not have significant experience, resources or recognition by their peers. Be wise in choosing the right lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company achieved more than $ 438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as Titan of the Plaintiff’s Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the IPO registration statement contained false and / or misleading statements and / or did not disclose that: (1) prior to the IPO, The Honest Company’s results had been significantly affected by a multi-million dollar COVID-19 action. for products in the Nappies and Wipes category and in the Household and well-being category; (2) at the time of the IPO, The Honest Company was experiencing a deceleration in demand for these products; (3) as a result, The Honest Company’s financial results would likely be adversely affected; and (4) because of the foregoing, the defendants’ positive statements about the business, operations and prospects of The Honest Company were misleading and / or lacked reasonable basis. When the real details entered the market, the lawsuit claims that investors have suffered damage.
To join The Honest Company class action lawsuit, go to http://www.rosenlegal.com/cases-register-2161.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action.
No class has been certified. Until a group is certified, you are not represented by a lawyer unless you hire one. You can choose the lawyer of your choice. You can also remain an absent group member and do nothing at this point. The ability of an investor to participate in any potential future recovery does not depend on whether he or she is a lead applicant.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York State 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, Pennsylvania