CLASS NOTICE: In March, 2020, the Claims Administrator conducted the initial distribution of settlement funds to eligible claimants, as approved by order of the Court. A Post-Distribution Accounting is available clicking here. Subsequent distributions to eligible claimants were conducted in September 2021, December 2022, and August 2024.

The information contained on this web page is only a summary of information presented in more detail in the Notice of 
(I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for Attorneys’ Fees and Expenses (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional details.

Court-appointed Lead Plaintiffs, Public School Teachers’ Pension & Retirement Fund of Chicago and Arkansas Teacher Retirement System, on behalf of themselves and the Class, have reached a settlement of the Action for $50 million in cash that resolves all claims in the Action (the “Settlement”).

On October 22, 2019, the Court held a hearing on final approval of the Settlement and related matters. On October 25, 2019, the Court entered an Order which finally approved the Settlement and approved the Plan of Allocation and Lead Counsel’s motion for attorneys’ fees and expenses.  

The Class consists of:

all persons and entities who purchased or otherwise acquired the common stock of RH during the period from March 26, 2015 through June 8, 2016, inclusive (the “Class Period”).

Excluded from the Class by definition are certain persons and entities (see paragraph 17 of the Notice) or those who requested exclusion pursuant to the instructions set forth in the Notice.

Please read the Notice to fully understand your rights. Copies of the Notice can be found in the menu on the left of this page.