Published: August 21, 2026
Overview
Investors who purchased Biogen common stock during a specific period may be eligible to receive compensation through a proposed class action settlement. The lawsuit centers on allegations involving Biogen’s common stock, with the class period running from June 8, 2021 through July 12, 2021, inclusive. The defendant, Biogen, has agreed to settle the litigation for $18. 9 million in cash, pending court approval. To participate in the settlement and receive a share of the recovery fund, eligible investors must submit a Proof of Claim and Release form by September 24, 2026. Claims can be filed either by mail (postmarked no later than September 24, 2026) or electronically through the settlement website (by 11:59 p.
Investors who fail to submit their claim by this deadline will be barred from receiving any settlement payment, though they will still be bound by the settlement terms. Those who purchased Biogen stock during the class period and do not request exclusion will automatically be included in the settlement regardless of whether they file a claim. Class members have several options available to them. Investors may do nothing and remain part of the class, bound by the settlement outcome. Alternatively, those wishing to exclude themselves from the settlement must submit a request for exclusion by August 25, 2026, in the manner specified in the full settlement notice. Class members also retain the right to object to the settlement, the allocation plan, or the attorneys’ fees request; any objections must be received by September 8, 2026, following the procedures outlined in the settlement documents.
A final approval hearing is scheduled for September 29, 2026, at 2:00 p. at the United States District Court for the District of Massachusetts, located at the John Joseph Moakley U. Courthouse, 1 Courthouse Way, Boston, MA 02210, Courtroom 18 on the 5th Floor. The court will determine whether the settlement is fair and reasonable, and may modify the hearing date, time, or format without additional notice. Interested parties should monitor the court’s website and the settlement website at www. com for any updates before the hearing date.
Important Documents
No documents available.
Official Settlement Website
For full details or to file a claim, visit:
https://biogensecuritieslitigation.com/