Brodsky & Smith Investigating Olaplex Acquisition by Henkel

Law firm probes potential breaches of fiduciary duty in $1.4 billion deal.

Apr. 2, 2026 at 7:00pm

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A photorealistic studio still-life image featuring a polished, geometric metal sculpture in the shape of a stylized dollar sign, resting on a clean, monochromatic background and dramatically lit to represent abstract corporate finance and legal concepts.A legal investigation into a major corporate acquisition raises questions about shareholder value and fiduciary duty.Bala Cynwyd Today

The law office of Brodsky & Smith has announced an investigation into potential claims against the Board of Directors of Olaplex Holdings, Inc. regarding the company's sale to Henkel AG & Co. KGaA for $2.06 per share in a cash transaction valued at approximately $1.4 billion. The investigation will focus on whether the Olaplex Board breached its fiduciary duties to shareholders by failing to conduct a fair process and ensure fair value was paid.

Why it matters

Olaplex is a popular haircare brand that has seen significant growth in recent years. The potential sale to Henkel, a large German consumer goods conglomerate, raises questions about whether Olaplex shareholders are receiving the best possible deal and if the Board acted in their best interests throughout the process.

The details

Brodsky & Smith, a litigation law firm with expertise in shareholder class actions, is investigating the Olaplex sale to determine if the Board's actions violated federal and state laws. The firm is encouraging Olaplex shareholders to come forward and discuss the legal implications of the investigation.

  • Brodsky & Smith announced the investigation on April 2, 2026.

The players

Olaplex Holdings, Inc.

A haircare company that produces popular professional and consumer hair products.

Henkel AG & Co. KGaA

A German consumer goods conglomerate that has agreed to acquire Olaplex for approximately $1.4 billion.

Brodsky & Smith

A litigation law firm that specializes in shareholder class action lawsuits and has been appointed as lead counsel in numerous cases.

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What they’re saying

“If you own shares of Olaplex stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions.”

— Jason L. Brodsky, Attorney, Brodsky & Smith

What’s next

Brodsky & Smith is encouraging Olaplex shareholders to contact the firm to discuss the investigation and potential legal actions.

The takeaway

This investigation highlights the importance of ensuring that public company boards fulfill their fiduciary duties to shareholders, especially during major corporate transactions. The outcome could impact whether Olaplex shareholders receive fair value for their investment.