Mylan Fair Fund
Administered by RCB Fund Services
Mylan Fair Fund
Administered by RCB Fund Services
Welcome to the Mylan Fair Fund Website
October 2024 Update – Distribution of the Mylan Fair Fund Begins
We are pleased to announce the commencement of the distribution of the Mylan Fair Fund. Our staff has completed the review of nearly 130,000 claims to verify each investor’s eligibility to recover under the terms of the Distribution Plan. If your claim was determined to be eligible, you should receive a check in the coming weeks.
Please note that the check bears a “stale date” of 90 days from the date of the check. Any check not negotiated within 90 days will become void, and the related claim will be extinguished. If there is any issue with your check, please contact us immediately.
Thank you for your patience as we worked through this process.
Securities and Exchange Commission v. Mylan N.V.
On September 27, 2019, the U.S. Securities and Exchange Commission (“SEC” or “Commission”) commenced an action against Mylan N.V. (“Mylan”) alleging that Mylan failed to timely disclose to investors, among other things, a possible loss relating to a U.S. Department of Justice (“DOJ”) probe into whether Mylan overcharged Medicaid by hundreds of millions of dollars for sales of EpiPen Auto-Injector (“EpiPen”) by misclassifying EpiPen as a “generic” or “non-innovator” drug.
Ultimately, Mylan agreed to settle the SEC’s charges and consented to the entry of a Final Judgment. The Final Judgment ordered Mylan to pay a civil penalty in the amount of $30 million, and authorized the Commission to distribute the civil penalty to harmed investors pursuant to Section 308(a) of the Sarbanes Oxley Act of 2002, as amended.
By Order dated February 19, 2020, the Court created a Fair Fund (the “Mylan Fair Fund”) in the amount of $30,000,000 for distribution to certain Mylan investors harmed by the alleged misconduct. In addition, the Order appointed RCB Fund Services, LLC as the Distribution Agent for the Fair Fund to oversee all aspects of the administration and distribution of the Fair Fund. In August, 2021, the Court approved a Distribution Plan that sets forth eligibility criteria and other rules governing the administration and distribution of the Mylan Fair Fund.
File Your Claim Online Today.
Have all the information required to file your claim? You can submit your claim today using our simple online claim form.
Learn More About RCB Fund Services.
If you purchased Mylan common stock on a U.S. exchange during the period from March 2, 2015 through September 1, 2016, you may be eligible for compensation from the Mylan Fair Fund.
Questions regarding eligibility?
If you have questions, RFS is here to provide support. Visit the FAQs for answers to the most commonly asked questions.
