Estée Lauder $210M Securities Settlement

Estée Lauder $210M Securities Settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed August 10, 2026 · ✓ verified against Labaton Keller Sucharow (Lead Counsel) case page for In re The Estée Lauder Companies, Inc. Securities Litigation, No. 23-cv-10669 (S.D.N.Y.)

Pro rata share of $210M
Max Payout
Aug 05, 2026
Filing Deadline
Yes
Proof Required?
This settlement closed to new claims on 5 August 2026. Nothing on this page can still be filed; it is kept as a record of what the case covered. Estée Lauder agreed to pay $210 million to settle In re The Estée Lauder Companies, Inc. Securities Litigation, No. 23-cv-10669, before Judge Arun Subramanian in the Southern District of New York. Investors alleged that the company made materially misleading statements about its travel-retail business — specifically an undisclosed reliance on daigou, the practice of resellers bulk-buying duty-free luxury goods and reselling them in mainland China below retail — which propped up sales that could not last. The claims were brought under §10(b) and §20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. Estée Lauder did not admit wrongdoing.
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Who Was Eligible?

Who the settlement covered:

  • Anyone who purchased or acquired Estée Lauder Companies (NYSE: EL) publicly traded common stock between 3 February 2022 and 3 February 2025, both dates inclusive.
  • Proof was required. Securities settlements pay on documented trades, so claimants had to supply brokerage records showing purchase and sale dates, share counts and prices — not an attestation.
  • Buying inside the class period was not by itself enough: a claimant needed a recognised loss under the court-approved plan of allocation, which nets purchases against sales.
  • Excluded, as is standard in these cases, were the defendants, their officers and directors, and anyone who validly opted out.

How Much Did It Pay?

The fund was $210 million. No individual figure was ever published, and none could be: a securities settlement pays pro rata against each claimant's recognised loss after attorneys’ fees, notice and administration costs are deducted, so the per-share recovery is only known once every claim has been processed.

What an individual received therefore depended on how many shares they bought, when they bought and sold, the prices involved, and how many other investors filed. Institutional investors holding large positions typically take the substantial majority of a fund like this one.

The case was prosecuted by Labaton Keller Sucharow as lead counsel, whose case page records the class period, the court and the settlement figure.

How this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • Filing has closed. The deadline was 5 August 2026 and the claims administrator is no longer accepting submissions.
  • Claims went to Epiq, the court-appointed administrator, via the official settlement site EsteeLauderSecuritiesSettlement.com. Its helpline was +1 (877) 357-1477.
  • If you filed before the deadline, your claim is being processed. Payment in a securities settlement follows final approval and the resolution of any appeals, and commonly takes many months.
  • If you missed it, there is nothing further to do on this case. Our list of open settlements is kept current.

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Frequently Asked Questions

What is the deadline to file a claim for the Estée Lauder $210M Securities Settlement?

The deadline to file a claim was Aug 05, 2026, and it has passed. Claims are no longer accepted for this settlement.

Did I need documentation for the Estée Lauder $210M Securities Settlement?

Yes — this settlement required supporting documentation, and the official claim form set out what counted.

Can I still file a claim in the Estée Lauder settlement?

No. The deadline was 5 August 2026 and it has passed. The claims administrator is no longer accepting submissions, and there is no late-filing process for this settlement.

What was the Estée Lauder securities lawsuit about?

Investors alleged that Estée Lauder made materially misleading statements about the strength and sustainability of its travel retail business, concealing how much of it depended on daigou resellers who bulk-buy duty-free luxury goods and resell them in mainland China below retail. The claims were brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. The company did not admit wrongdoing.

Who was covered by the Estée Lauder settlement?

Anyone who purchased or otherwise acquired Estée Lauder common stock, traded on the NYSE under EL, between 3 February 2022 and 3 February 2025, both dates inclusive, and who had a recognised loss under the court-approved plan of allocation.

How much did claimants receive?

No per-person figure was published. The $210 million fund is divided pro rata against each claimant's recognised loss, after attorneys fees and administration costs, so the per-share recovery is only determined once all claims are processed. It depends on the size and timing of the trades and on how many investors filed.

Did the Estée Lauder settlement require proof?

Yes. Unlike consumer settlements that accept a sworn attestation, securities settlements pay on documented trades. Claimants had to provide brokerage statements or trade confirmations showing purchase and sale dates, share counts and prices.

I filed before the deadline — when do I get paid?

Payment follows final court approval and the resolution of any appeals, then the administrator must process every claim before distributing. Months is normal in a securities settlement of this size. Epiq handles enquiries on +1 (877) 357-1477.

Primary source: official settlement administrator — esteelaudersecuritiessettlement.com. The settlement details on this page were checked against the administrator’s official website.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

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