Order | Filed: July 29, 2025
| Entered: July 30, 2025
Cody Dixon v. The Honest Company, Inc. et al
Securities/Commodities | California Central
Attorney Fees
ORDER AWARDING ATTORNEYS FEES AND EXPENSES 315 by Judge Mark C. Scarsi: Class Counsel is hereby awarded, on behalf of Plaintiffs' Counsel,attorneys' fees in the amount of $8,250,000.00, plus interest at the same rateearned by the Settlement Fund, i.e., 30% of the Settlement Fund, and payment oflitigation expenses in the amount of $1,677,604.36, plus accrued interest, whichsums the Court finds to be fair and reasonable. Class Representative Kathie Ng is hereby awarded $7,425.00 from the Settlement Fund, pursuant to the PSLRA, as reimbursement for her reasonable costs and expenses directly related to her efforts on behalf of the Class. The awarded attorneys fees, expenses, and PSLRA award may be paid to Class Counsel from the Settlement Fund upon entry of this Order, subject to the terms, conditions, and obligations of the Stipulation, which terms, conditions, and obligations are incorporated herein. (SEE DOCUMENT FOR ALL SPECIFICS). (lc)
Judgment | Filed: July 29, 2025
| Entered: July 30, 2025
Cody Dixon v. The Honest Company, Inc. et al
Securities/Commodities | California Central
Judgment
FINAL ORDER AND JUDGMENT 314 by Judge Mark C. Scarsi: Lead Plaintiff and Class Representative Kathie Ng (ClassRepresentative), on behalf of herself and the other members of the certifiedClass (defined below), on the one hand, and defendant The Honest Company,Inc. (Honest); defendants Nikolaos Vlahos, Kelly Kennedy, Jessica Warren,Katie Bayne, Scott Dahnke, Eric Liaw, Jeremy Liew, and Avik Pramanik(collectively, the Individual Defendants and, together with Honest, the Honest Defendants); defendants Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Jefferies LLC, BofA Securities, Inc., Citigroup Global Markets, Inc.,William Blair & Company, L.L.C., Guggenheim Securities, LLC, TelseyAdvisory Group LLC, C.L. King & Associates, Inc., Loop Capital Markets LLC,Penserra Securities LLC, and Samuel A. Ramirez & Company, Inc. (collectively,the Underwriter Defendants); and defendants Catterton Management CompanyL.L.C., L Catterton VIII, L.P., L Catterton VIII Offshore, L.P., CattertonManaging Partner VIII, L.L.C., C8 Management, L.L.C., and THC Shared Abacus, LP (collectively, the Catterton Defendants and with the HonestDefendants and the Underwriter Defendants, the Defendants, and with ClassRepresentative, the Parties), on the other hand, have entered into theStipulation and Agreement of Settlement, dated March 11, 2025 (theStipulation), which provides for a complete dismissal with prejudice of theclaims asserted in the Action on the terms and conditions set forth in theStipulation, subject to the approval of this Court (the Settlement). Fee Order and Order on Plan of Allocation. A separate ordershall be entered regarding Class Counsels application for attorneys fees andpayment of expenses as allowed by the Court. A separate order shall be enteredregarding the proposed Plan of Allocation for the Net Settlement Fund. Suchorders shall in no way disturb or affect this Judgment and shall be consideredseparate from this Judgment. Such orders shall in no way affect or delay thefinality of this Judgment and shall not affect or delay the Effective Date of the Settlement. There is no just reason for delay in theentry of this Judgment and immediate entry by the Clerk of the Court isrespectfully directed. (SEE DOCUMENT FOR ALL SPECIFICS AS ENUMERATED HEREIN)(MD JS-6, Case Terminated). (lc)