Olaplex Holdings, Inc. Form 8-K Filing

Olaplex Holdings, Inc. filed a Form 8-K on May 29, 2026, to report the preliminary approval of a settlement in the stockholder derivative litigation captioned In re Olaplex Holdings, Inc. Stockholder Derivative Litigation. The settlement resolves claims related to the company's stock and requires Olaplex to implement certain governance enhancements. A payment will be made to the plaintiffs' counsel for their fees and expenses, subject to court approval. The settlement is not a class action, and no common fund will be created for shareholder claims. A settlement hearing is scheduled for July 27, 2026, to determine the fairness and adequacy of the settlement. Shareholders who do not object will be bound by the court's decision.