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Evening Standard
Evening Standard
Holly Williams

Revolution Beauty settles legal claim with disgruntled former shareholder

Revolution Beauty Revolution Chrysalis Alamy
The co-founder and ex-boss of Revolution Beauty has agreed to pay nearly £3 million to draw a line under issues with its accounts (Alamy/PA) -

Revolution Beauty has agreed a settlement with disgruntled former major shareholder Chrysalis Investments over legal claims against the troubled cosmetics brand.

Revolution has agreed to pay Chrysalis a “non-material sum”, which is less than 1% of Chrysalis’s stock market value, according to the investor, but the amount was not disclosed.

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