Notice of Proposed Class Action Settlement Involving All Persons or Entities Who Purchased or Otherwise Acquired Akorn, Inc. Common Stock
YOU ARE ALSO NOTIFIED that Plaintiffs in the Action have reached a proposed settlement with Defendants (the "Settlement"), that, if approved by the Court, will resolve all claims in the Action.
- YOU ARE ALSO NOTIFIED that Plaintiffs in the Action have reached a proposed settlement with Defendants (the "Settlement"), that, if approved by the Court, will resolve all claims in the Action.
- In exchange for mutual releases provided by the Plaintiffs, Defendants and Settlement Class, including release by the Settlement Class of any claims against the Defendants, the Settlement Class will receive recovery consisting of cash, Akorn common shares, and contingent value rights.
- In total, the Settlement will provide from approximately $53.6 million to $155.5 million in recovery to the Settlement Class, as described below.
- All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.