BellRing settles Joint Juice class actions for $90M; executes stipulations for $19.2M and $70.8M

BELLRING BRANDS, INC.

On Oct 17 and Oct 22, BellRing subsidiaries executed stipulations to settle two class action lawsuits related to Joint Juice product for a total of $90M.
California Federal Settlement: BellRing to pay $19.2M into settlement fund, subject to court approval.
Multistate Settlement: BellRing to pay $70.8M into settlement fund, subject to court approval.
Settlements do not constitute admission of liability; if not approved, BellRing will continue legal defenses.
Previously disclosed in Q3 FY2025 earnings and quarterly report; motions for preliminary approval filed.

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