Stitch Fix Securities Settlement

Published · Updated · SettlementList

Stitch Fix, Inc. settled allegations that it and two of its former Chief Executive Officers violated the federal securities laws by making materially false and misleading statements to investors concerning Stitch Fix’s new business line called “Direct Buy” and whether Direct Buy was “additive,” “incremental” and “complementary” to the company’s core business. Stitch Fix, Inc. denies any wrongdoing and the court made no finding of liability.

A $32,000,000 proposed settlement of a securities class action brought on behalf of investors who purchased or acquired Stitch Fix common stock from June 9, 2020 through June 9, 2022. Settlement Class Members who were damaged can submit a Claim Form, with the required supporting documentation, by October 7, 2026 to be eligible for a share of the Settlement Fund.

Who can claim, how much, and by when

How much can you get?

share of a $32,000,000 fundTotal fund: $32,000,000

When is the claim deadline?

Who is eligible?

All persons and entities who purchased or acquired Stitch Fix common stock from June 9, 2020 through June 9, 2022, inclusive, and were damaged thereby. Defendants, their immediate families, Stitch Fix officers and directors, its affiliates and subsidiaries, and certain related persons and entities are excluded, as are those who request exclusion.

How do you get paid?

A share of the Net Settlement Fund — the $32,000,000 Settlement Amount plus interest, less taxes, notice and administration costs, and the attorneys’ fees, litigation expenses and other costs approved by the Court — distributed to Settlement Class Members who submit valid Claim Forms under a plan of allocation approved by the Court. The official notice states it is not possible at this time to determine how much any individual Settlement Class Member may receive.

What proof do you need?

A Claim Form with the required supporting documentation, postmarked (if mailed) or submitted online no later than October 7, 2026. The Parties and Claims Administrator do not have information about your transactions in Stitch Fix common stock, so records of your ownership of and transactions in the stock may be needed to document your Claim.

Who is administering the settlement?

A.B. Data

What is the case number?

5:22-cv-04893-PCP

How do you file a claim?

File your claim on the official site

This information is not a substitute for legal advice.

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