Court-appointed Lead Plaintiff Holly Ngo and additionally named Plaintiff David Klungle, on behalf of themselves and the other members of the Settlement Class (defined below), have reached a proposed settlement of the Action that, if approved, will resolve all claims in the Action.
If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:
All persons and entities who purchased or otherwise acquired the publicly traded common stock of Avon Products Inc. (Avon) during the period from January 21, 2016 to November 1, 2017, inclusive, except for certain persons and entities who are excluded from the Settlement Class (see FAQ 6).
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed settlement, you must submit a Claim Form no later than December 19, 2020. Payments to Authorized Claimants will be made only if the Court approves the Settlement and a Plan of Allocation, and only after any appeals are resolved, and after the completion of all Claims processing. Please be patient, as this process will take some time to complete.
The Frequently Asked Questions page of this website has more information on your rights as a Class Member in this Action.
Please read the Notice to also fully understand your rights and options.
These rights and options—and the deadlines to exercise them—are explained on this website.