The Notice of Pendency and Proposed Settlement of a Shareholder Derivative Action involving CareDx, Inc. has been issued.
Current CareDx shareholders are informed about the pending settlement and its potential impact on their rights.
The settlement is related to a derivative action brought on behalf of CareDx stockholders and is subject to court approval.
Purpose of the Notice
Explains the shareholder derivative actions and the proposed settlement's terms.
Stockholder Derivative Suit
Involves current stockholders suing on behalf of the corporation to enforce its legal rights.
Settlement Terms
The terms of the proposed settlement are detailed in the Stipulation of Settlement.
Settlement Hearing
A hearing is scheduled for June 30, 2026, to approve the fairness and adequacy of the settlement.
No Claims Process
Stockholders are not required to take any action in response to this notice.
- The settlement aims to resolve legal disputes and potential claims against CareDx, Inc.
- Stockholders are advised to review the Stipulation of Settlement for a comprehensive understanding of the terms.
- Court approval of the settlement will impact the rights of CareDx stockholders, barring them from contesting the settlement approval in the future.
The Notice of Pendency and Proposed Settlement of the Shareholder Derivative Action provides crucial information for current CareDx shareholders.