H2O COMMISSIONS – PRELIMINARY APPROVAL OF PROPOSED SETTLEMENT

WHAT DO I NEED TO KNOW?

A settlement fund has been created to pay amounts to holders of valid claims as well as lawyers’ fees and costs approved by the Court. The 24^th JDc in Jefferson Parish will have a hearing to decide whether to give final approval to the settlement so that payments can be made from the settlement fund. Those included in the class action, together called a “Class,” may ask for a payment, or may exclude themselves from, or object to, the settlement, and eligible Class members may receive a payment from it. There is a detailed notice with more information about the settlement available by calling 1-504-581-9065 or going to the website listed below.

WHO’S INCLUDED?

Generally, you may be a Class Member if, If you worked at H20 anytime from 2014 to the present and received commission payments as part of your employment.

WHAT DOES THE SETTLEMENT PROVIDE?

A $445,000 settlement fund has been established. The settlement fund is to be overseen by an independent “Administrator.” A Settlement Agreement, available at the website and in the official court records of these proceedings, describes all of the details about the proposed settlement. The settlement does not mean that H2O did anything wrong, but H2O did agree to resolve certain claims and provide benefits to the Class.

HOW MUCH COULD YOU GET?

If the settlement receives final Court approval, the Administrator will review claims and propose how much money each valid claim will receive based on a formula he will recommend to the Court. The amount of each payment will be based, in part, on the total number of claims received and on the extent of damages suffered. The Court will decide in a separate hearing how much each Class member who files a valid claim receives from the settlement fund.

WHAT ARE YOUR OTHER OPTIONS?

The Court will hold a hearing in the case called “Nelson, et al v. H2O Hair, Inc. et al” No. 779-340, Div. "F." on August 26, 2021 at 9:00 a.m. to consider whether to approve the settlement; to consider any objections to the settlement. You or your own lawyer may appear and ask to speak at the hearing, at your own cost, but you don’t have to. If the settlement is approved, it will release H2O and certain others from all liability for the claims more fully described in the Settlement Agreement.

If you don’t want to be legally bound by the settlement, you must exclude yourself by July 26, 2021. If you don’t exclude yourself, you won’t be able to sue, or continue to sue, H2O for the claims resolved in this settlement. If you exclude yourself, you can’t get a payment from the settlement fund. If you do not exclude yourself, you may object to the settlement, if you do so by July 26, 2021. The detailed notice explains how to exclude yourself or object.