AeroGrow $15.98 Million Shareholder Settlement

The AeroGrow shareholder settlement provides automatic payments to eligible investors who held stock at the February 26, 2021 merger and were entitled to its $3-per-share consideration. Each settlement payment depends on eligible share count and deductions from the $15,978,202.50 fund. Brokerage holders are paid through their firms; registered holders are paid directly.

AeroGrow Shareholder Settlement
Automatic New

No claim required

Who qualifies?

People who held AeroGrow common stock on February 26, 2021 and were entitled to the $3-per-share merger payment, including their successors and assigns. Exclusions include defendants and related parties, government entities, the assigned judicial staff and families, valid opt-outs and shares subject to properly exercised dissenters’ rights.

How much could I receive?

A pro rata amount for each eligible share, after fees, costs and other deductions from the $15,978,202.50 fund. No per-share estimate is stated; the $3 merger price is not the new settlement award.

Do I need supporting documents?

No claim documents are needed. Payments are determined from the merger’s depository and registered-holder records.

Do I need a Claim ID or PIN?

No. There is no claim form or settlement ID/PIN to enter for payment.

What is the deadline?

There is no claim deadline. The March 9, 2026 opt-out deadline and March 31, 2026 objection deadline have passed.

How do I receive my payment?

No claim is required. Brokerage-held shares are paid through the broker or bank; eligible shares registered in your name are paid directly. Tell the administrator if your address has changed.

Open the official settlement website →

When will payments arrive?

No payment date is established in the saved materials. The saved article reports final approval on May 8, 2026; the notice requires the judgment to become final, including any appeal period, before distribution.

Who may receive a settlement payment?

  • Eligible recipients generally held AeroGrow common stock on February 26, 2021 and had the right to receive the $3.00-per-share merger consideration, or are their successors or assigns.
  • The notice excludes defendants and related parties, government entities, judicial personnel and their immediate families, valid opt-outs, and dissenters-rights shares.

Do I need to submit a claim?

  • No. Eligible payment recipients receive an automatic per-share distribution after the settlement becomes effective.
  • The payment is based on shares held on the merger date, not on a claim form.

How is my payment calculated?

  • Each eligible recipient receives a pro rata share of the net fund based on the number of AeroGrow shares owned on February 26, 2021.
  • The $15,978,202.50 fund is reduced by approved administration, taxes, legal fees and expenses, and service awards before distribution.

How do I exclude myself?

  • Mail a signed exclusion letter postmarked by March 9, 2026. It must include the information and ownership proof listed in the notice.
  • A valid opt-out receives no settlement payment and is not bound by the settlement.

When is the fairness hearing?

  • The hearing is scheduled for April 30, 2026 at 9:00 a.m. in Las Vegas. Written objections and any counsel appearance notice are due by March 31, 2026.
  • The hearing date can change, so the notice directs readers to check for updates.

Other Important Dates

  • Exclusion deadline: 2026-03-09
  • Objection deadline: 2026-03-31
  • Final approval hearing: April 30, 2026 at 9:00 a.m.
  • Hearing location: Eighth Judicial District Court, Clark County, Nevada, Department 13, 200 Lewis Avenue, Las Vegas, NV 89101

Case Details

  • Total settlement fund: $15,978,202.50
  • Case name: Overbrook Capital LLC v. AeroGrow International, Inc., et al.
  • Case number: A-21-827665-B
  • Court: Eighth Judicial District Court, Clark County, Nevada
  • Administrator: A.B. Data Ltd.
  • Official Settlement Website: https://www.AeroGrowShareholderLitigation.com

Sources

Official Settlement Website
Claim form, FAQ, deadlines, administrator information
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Official Settlement Notice (PDF)
Court-approved notice describing eligibility and benefits
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Official NoticeRead the full notice
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Official Notice

Read the notice PDF or the text version below.

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Information last updated on 2026-10-25