What is this Settlement about?
This website relates to a class action lawsuit (the “Action”) pending in the United States District Court for the Western District of Pennsylvania (the “Court”) brought between the (i) the Public Employees’ Retirement System of Mississippi (“Lead Plaintiff” or “MissPERS”), on behalf of itself and the Settlement Class (as defined below); and Mylan N.V. (“Mylan”) and certain of its executives during the relevant time period— defendants Chief Executive Officer, Heather Bresch; President, Rajiv Malik; and Chief Financial Officer, Kenneth Parks (together, the “Individual Defendants”). Defendants have denied the claims asserted against them in the Action and deny that the Settlement Class was harmed or suffered any damages as a result of the conduct alleged in the Action. Defendants have agreed to the Settlement solely to eliminate the burden and expense of continued litigation. Accordingly, the Settlement may not be construed as an admission of any wrongdoing by Defendants.
Collectively, the Defendants, and, together with Lead Plaintiff, (the "Parties") have reached a proposed settlement of the Action (the "Settlement") for $60,000,000 in cash (the “Settlement Amount”). The proposed Settlement, if approved by the Court, will resolve all claims in the Action.
Who is included?
If you are a member of the Settlement Class, you are subject to the Settlement. The Settlement Class preliminarily certified by the Court solely for purposes of the Settlement consists of:
All persons and entities who purchased or otherwise acquired the publicly traded common stock of Mylan N.V. from February 16, 2016 through May 7, 2019, inclusive (the “Settlement Class Period”), and were allegedly damaged thereby.
Who is excluded?
Excluded from the Settlement Class are: (a) Defendants; (b) their respective successors and assigns; (c) the corporate parents and affiliates of all entities excluded in subsections (a) and (b); (d) the past and current Executive Officers and directors of Mylan and all other entities excluded in subsections (a), (b), and (c); (e) the Immediate Family Members of the Individual Defendants; (f) any entity in which any of the above excluded persons have or had a direct or controlling ownership interest; and (g) the legal representatives, heirs, successors-in-interest or assigns of any such excluded persons or entities. Also excluded from the Settlement Class are any persons or entities who or which exclude themselves by submitting a request for exclusion that is accepted by the Court in accordance with the requirements set forth in the Notice.
Please note: Receipt of the Notice or the mailed Postcard Notice does not mean that you are a Settlement Class Member or that you will be entitled to receive proceeds from the Settlement.
If you are a Settlement Class Member and you wish to be eligible to participate in the distribution of proceeds from the Settlement, you are required to submit a Claim Form and the required supporting documentation as set forth therein postmarked (or submitted online) no later than July 10, 2026.
How can I attend the Settlement Hearing?
The Settlement Hearing will be held on June 15, 2026 at 10 a.m. Eastern Time, before the Honorable J. Nicholas Ranjan of the United States District Court for the Westen District of Pennsylvania, by Zoom videoconference. The Settlement Hearing will be held by the Court to consider, among other things, whether the proposed Settlement is fair, reasonable, and adequate and should be approved; whether the Settlement Class should be certified for purposes of the Settlement; whether the proposed Plan of Allocation is fair and reasonable and should be approved; and whether Lead Counsel’s motion for attorneys’ fees and expenses should be approved.
To attend the Settlement Hearing, please visit https://pawd-uscourts.zoomgov.com/j/1609946048, and use Meeting ID: 160 994 6048, or use the following information to attend by phone:.
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+16692545252,,1609946048# US (San Jose)
+16468287666,,1609946048# US (New York)
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Dial by your location
• +1 669 254 5252 US (San Jose)
• +1 646 828 7666 US (New York)
Meeting ID: 160 994 6048
Find your local number: https://pawd-uscourts.zoomgov.com/u/adlT38PDcy
How do I obtain more information?
Detailed information about the Settlement is contained in the Notice, a copy of which can be found in the menu at the top of this page. Additional information can also be obtained by contacting the Claims Administrator by calling toll-free (866) 910-1314 or emailing info@Mylan2026SecuritiesSettlement.com or mailing a letter to:
Mylan Securities Litigation c/o JND Legal Administration P.O. Box 91088 Seattle, WA 98111
Inquiries should NOT be directed to the Court or the Clerk of the Court.
