• SkinHealth Systems reached a proposed settlement on June 17, 2026 to end a securities class action in federal court in California.
• The deal sets an $18 million cash payment; the company expects to fund $3 million, with $15 million coming from insurers.
• The settlement requires court approval; defendants denied wrongdoing, with the agreement not admitting liability.
• The class covers investors in Class A common stock or certain options from May 10, 2022 through Nov. 13, 2023.
• Plaintiffs plan to seek legal fees and costs up to 30% of the cash payment, or $5.4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skinhealth Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-044620), on June 22, 2026, and is solely responsible for the information contained therein.