Boohoo has agreed a final settlement in a class about misleading customers on pricing.
The Manchester-headquartered listed group confirmed the settlement has been made "without admission of liability".
It remains subject to review and approval by the District Court of California.
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On November 4, 2021, Boohoo revealed it was close to agreeing a settlement after a case filed in California alleged that it had offered large discounts to US customers based on inflated original prices.
The case file also alleged Boohoo had never asked customers to pay the original prices in the first place.
A Boohoo statement issued to the London Stock Exchange said: "Further to the RNS published on 4 November 2021, when the group reported that it had agreed terms of a preliminary settlement relating to a class action claim brought against the group in the United States District Court for the Central District of California, the group is pleased to confirm that the parties have reached a final settlement.
"The settlement is without admission of liability and is consistent with the guidance of 4 November 2021, being within the group's existing legal provisions disclosed in its latest published audited accounts.
"The settlement remains subject to review and approval by the District Court."
