FILE PHOTO: Cosmetics by Estee Lauder are displayed at a cosmetics store in a mall, Mumbai, India, May 28, 2025. REUTERS/Francis Mascarenhas/File Photo

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Estee Lauder reaches $210 million settlement of lawsuit over China sales

by ReutersMay 7, 2026

NEW YORK, May 7 (Reuters) – Estee Lauder has reached a $210 million settlement of a lawsuit accusing the cosmetic giant of defrauding shareholders by concealing its over dependence on improper gray-market sales in China.

A preliminary settlement was filed on Thursday in Manhattan federal court, and requires court approval.

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(Reporting by Jonathan Stempel in New York; Editing by Chris Reese)

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Estee Lauder reaches $210 million settlement of lawsuit over China sales

Reuters

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