This official website is maintained by the Claims Administrator under the supervision of Lead Counsel in the action titled In re Myriad Genetics, Inc. Securities Litigation, Case No. 2:19-cv-00707-DBB, pending in the United States District Court for the District of Utah.
The claims administration process has been completed. On September 17, 2024, a Motion for Approval of Distribution Plan was filed seeking the Court’s approval to
distribute the net settlement fund. On October 18, 2024, the Court entered an Order Approving the Distribution Motion. The distribution will occur within 4 – 6
weeks.
The information contained on this website is only a summary of the information presented in more detail in the Notice of (I) Proposed
Settlement and Plan of Allocation; (II) Settlement Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Settlement
Notice”), which you can access by clicking
here. Since this website is
just a summary, you should review the Settlement Notice for additional details.
Lead Plaintiff Los Angeles Fire and Police Pensions on behalf of itself and the Court-certified Class (defined below), has reached a settlement of the Action for $77,500,000 in cash (the “Settlement”). On December 8, 2023, the Court held a hearing to consider final approval of the Settlement and related matters. Following the hearing, the Court entered a judgment finally approving the Settlement, an order approving the Plan of Allocation for the proceeds of the Settlement, and an order awarding attorney's fees and litigation expenses.
If you are a member of the Class, you are subject to the Settlement. The Class certified by the Court’s Order dated December 13, 2021 consists of:
Excluded from the Class by definition are: (a) Defendants; (b) any current or former officers or directors of Myriad; (c) the immediate family members of any Defendant or any current or former officer or director of Myriad; and (d) any entity that any Defendant owns or controls or owned or controlled during the Class Period. Also excluded from the Class are all persons and entities who excluded themselves by submitting a request for exclusion from the Class pursuant to the Class Notice. A list of all persons and entities who submitted a request for exclusion from the Class pursuant to the Class Notice can be found on the Court Documents page of this website.
Please read the Settlement Notice to fully understand your rights and options. Copies of the Settlement Notice can be found in the menu on the top of this page.
Lead Plaintiff Los Angeles Fire and Police Pensions on behalf of itself and the Court-certified Class (defined below), has reached a settlement of the Action for $77,500,000 in cash (the “Settlement”). On December 8, 2023, the Court held a hearing to consider final approval of the Settlement and related matters. Following the hearing, the Court entered a judgment finally approving the Settlement, an order approving the Plan of Allocation for the proceeds of the Settlement, and an order awarding attorney's fees and litigation expenses.
If you are a member of the Class, you are subject to the Settlement. The Class certified by the Court’s Order dated December 13, 2021 consists of:
All persons who purchased or acquired Myriad common stock from August 9, 2017 until February 6, 2020, inclusive (the “Class Period”), and were damaged thereby.
Excluded from the Class by definition are: (a) Defendants; (b) any current or former officers or directors of Myriad; (c) the immediate family members of any Defendant or any current or former officer or director of Myriad; and (d) any entity that any Defendant owns or controls or owned or controlled during the Class Period. Also excluded from the Class are all persons and entities who excluded themselves by submitting a request for exclusion from the Class pursuant to the Class Notice. A list of all persons and entities who submitted a request for exclusion from the Class pursuant to the Class Notice can be found on the Court Documents page of this website.
Please read the Settlement Notice to fully understand your rights and options. Copies of the Settlement Notice can be found in the menu on the top of this page.
