// Boohoo agrees final settlement “without admission of liability”
// A case filed in California alleged that it offered large discounts to US customers based on inflated original prices
Boohoo has agreed a final settlement “without admission of liability” after being accused of misleading customers on pricing.
The online retailer said it remains subject to review and approval by the District Court of California.
On November 4, 2021, Boohoo said it was close to agreeing a settlement after a case filed in California alleged that it had offered large discounts to US customers based on inflated original prices.
The case file also alleged Boohoo had never asked customers to pay the original prices in the first place.
Boohoo said: “Further to the RNS published on 4 November 2021, when the group reported that it had agreed terms of a preliminary settlement relating to a class action claim brought against the group in the United States District Court for the Central District of California, the group is pleased to confirm that the parties have reached a final settlement.
“The settlement is without admission of liability and is consistent with the guidance of 4 November 2021, being within the group’s existing legal provisions disclosed in its latest published audited accounts.
“The settlement remains subject to review and approval by the District Court.”