The Honest Company, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to firstname.lastname@example.org.
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Portnoy Law Firm
Lesley F. Portnoy, Esq.,
1800 Century Park East, Suite 600
Los Angeles, CA 90067
It is alleged in this complaint that Honest’s Registration Statement was materially misleading and false and omitted: (1) that, prior to the IPO, Honest’s results had been significantly impacted in relation to a multimillion-dollar COVID-19 stock-up for products in the Household and Wellness category and Diapers and Wipes category; (2) that, at the time of the IPO, Honest was experiencing decelerating demand for such products; (3) that, as a result, it was likely that Honest’s financial results would be adversely impacted; and (4) Honest’s positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis, as a result of the foregoing.