Mylan Fair Fund
Administered by RCB Fund Services
Mylan Fair Fund
Administered by RCB Fund Services
Welcome to the Mylan Fair Fund Website
UPDATE: We have completed the review of the nearly 130,000 claims that were submitted to the Mylan Fair Fund. In the coming weeks, we will be issuing Determination Notices to all claimants. The Determination Notices will set forth the Distribution Agent’s determination of the eligibility of the claim (eligible, deficient, or ineligible) and the loss amount, if any. The Determination Notices will afford each claimant with 45 days to cure any deficiency in their claim or to request reconsideration of a denial. Please act promptly upon receipt of the Determination Notice, as any late submissions may not be accepted.
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.
