You may be eligible for compensation from the Mylan Fair Fund if you purchased Mylan Common Stock (“MYL”) during the period from March 2, 2015 until the market close on September 1, 2016.

1. You are not eligible to participate in the distribution of the Fair Fund if you are or were:
   a. Any Defendant in this or any related matter;
   b. Any Person who served at any time from January 1, 2013 through the end of the Relevant Period as an officer or director of Mylan, or any subsidiary or affiliate of Mylan involved in the conduct alleged in the Complaint;
   c. Any firm, trust, corporation, or other entity in which Mylan has or had a controlling interest;
   d. Mylan’s directors’ and officers’ liability insurance carriers, and any affiliates or subsidiaries thereof;
   e. Any current or former employee of Mylan or any of its subsidiaries or affiliates who has been terminated for cause, or has otherwise resigned in connection with the conduct alleged in the Complaint;
   f. Any Person who, as of the Claims Bar Date, has been the subject of criminal charges related to the conduct alleged in the Complaint, unless and until such defendant is found not guilty in all such criminal actions prior to the Claims Bar Date, and proof of the finding(s) is included in such defendant’s timely filed Claim Form;
   g. The Distribution Agent, its employees, and those persons assisting the Distribution Agent in its role as Distribution Agent;
   h. Any affiliates, assigns, creditors, heirs, distributes, spouses, parents, children or controlled entities of any of the foregoing Persons or entities described in a – g above; or
   i. Any purchaser or assignee of another Person’s right to obtain a recovery from the Fair Fund for value; provided, however, that this provision shall not be construed to exclude those Persons who obtained such a right by bona fide gift, inheritance, devise or operation of law.

There are two Mylan employee benefit plans where acquiring Mylan stock was an option: (i) the Mylan Profit Sharing 401(k) plan and (ii) the Mylan Puerto Rico Profit Sharing Employee Savings Plan.  However, it is our understanding that neither of these benefit plans purchased or acquired shares of MYL during the Relevant Period.  Therefore, if you were a participant in either of these benefit plans it is unlikely you suffered a loss as a result of the conduct at issue in this case.

If you believe your participation in a Mylan employee benefit program did involve an eligible investment in MYL during the Relevant Period, you may submit a claim and we can determine the eligibility of the transactions after the claim has been fully reviewed.

Any participants that held shares of MYL directly (outside of an employee plan) must file a separate claim relating to those shares.

Yes, shares purchased by reinvesting dividends are potentially eligible for recovery. Note that you must provide an account statement or other documentation for each purchase, including the date of purchase and the number of shares.

The “trade date” or “contract date” is the official date to use as the date of your transaction for purchases and/or sales.  Many broker transaction statements provide both a “trade date” and a “settlement date”.  The trade date is the correct date to use for purposes of completing a claim form.  All fees and commissions are excluded.

The eligibility of a claim is dependent upon when the shares of MYL were originally purchased.  The receipt of shares of MYL by gift or inheritance, for example, does not constitute a purchase for purposes of determining eligibility.  If the original owner of the MYL purchased the shares during the relevant period, you may be eligible to recover for those inherited or gifted shares.

You must include copies of broker statements or other documentation evidencing the original purchase of the MYL with your claim.  In addition, you must provide documentation of the transfer of the shares to you, such as the broker statements for the period in which the transfer occurred.  In the case of an inheritance, you should attach copies (please do not send originals) of any legal documentation showing you are the legal recipient of these shares.

If the original owner purchased the shares of MYL outside of the relevant period, the shares would not be eligible for recovery.

The claim form must be postmarked on or before April 25, 2022.

Yes. You must provide with your completed claim form documentation of (a) the number of shares you held as of the opening of trading on March 2, 2015 if any; (b) all purchases and sales of MYL between March 2, 2015 through and including November 30, 2016; and (c) the number of shares you held as of November 30, 2016, if any.  Please be sure the documentation confirms the details provided in your claim form.

All documentation must include adequate identifying information (i.e., your name and account number must appear on all documentation submitted). Handwritten modifications to the documentation or self-generated schedules or statements will not be accepted.  Please do not send the originals of your supporting documentation; be sure to provide copies.  Documentation should list the security, type of transaction, date of transaction, number of shares, and total amount of the transaction.

The types of documents that should be submitted to support your claim include:

• monthly brokerage or other investment account statements;
• trade confirmation slips; or
• a signed letter from your broker on firm letterhead verifying the information you have provided in the claim form.

If you do not submit documents with your claim form to verify your holdings and transactions in MYL during the relevant period, we will be unable to validate your claim.  Notices detailing any deficiencies in your claim will be mailed at a later date and you will have an opportunity to submit additional supporting documentation at that time.

While the Relevant Period commences on March 2, 2015 and continues through September 1, 2016, please note that you must provide documentation of all of your transactions in MYL through and including November 30, 2016.

It is very important that you provide documentation in support of the holdings and transactions listed on your claim form.  Failure to do so may invalidate your claim.  If you cannot locate these documents within your personal records, contact your broker or other account representative and request copies of the documents you need.

Yes. The Distribution Agent will use its best efforts to protect the privacy of the information you provide, and the Distribution Agent will not use the information in your claim form and supporting documents other than for the purpose of processing your claim.  For more information, see our Privacy Policy located on this website.

The Distribution Agent will likely need more information in order to process your claim form.  The claim form asks for your phone number and email address so you can be contacted promptly if additional information is needed.  The Distribution Agent will not voluntarily release this information to any person or entity not involved with the Fair Fund.

The Distribution Agent needs this information to administer your claim during the claim administration process.  These identifying items are necessary for a number of reasons, including enabling the Distribution Agent to ensure payments from the Fair Fund are not directed to prohibited participants listed on the U.S. Treasury’s Office of Foreign Asset Control’s (OFAC) records.

We recognize the importance of keeping your personal information secure, and we do everything under our control to ensure this data is protected.  This personal information will only be used as necessary to administer your claim during the claim administration process.

The beneficial owner of the shares of MYL should complete the claim form.  If you purchased the shares but they were registered in your broker’s name, you are the beneficial owner.

You should include all of your transactions in MYL during the relevant period in one claim form, even if they were purchased or held using different brokerages or representatives.  However, if you held shares of MYL in accounts that were different account types or held under different legal capacities (e.g., an individual account and a partnership account), you should complete a separate claim form for each.

Yes, all owners must sign. However, if your co-owner is deceased, please read the next question below.

If the beneficial owner of the shares of MYL has died, and would have otherwise met the eligibility requirements of the Mylan Fair Fund, the estate or the legal heirs may be eligible for a distribution.  The executor or administrator of the estate should sign and submit the claim form denoting his or her title (for example, “Executor of the Estate of John Doe”) on the signature page.

If no estate was opened, or if the estate is now closed, all the legal heirs of the investor should sign their names on the claim form, and add the word “Heir”.  In either circumstance, you must attach copies (please do not send originals) of any legal documentation providing evidence you are the executor or Distribution Agent of the estate, or the legal heir of the deceased.

If you had a co-owner of the shares of MYL who has died, you should sign the claim form yourself, and send copies of documents that show:

In order to accurately determine losses for each claim in accordance with the requirements of this case, we must consider all of an investor’s expenditures and sale proceeds relating to the purchase and sale of MYL during the period from March 2, 2015 through and including November 30, 2016.  While an investor may only be eligible for a recovery from the Mylan Fair Fund if he or she purchased shares of MYL during the period from March 2, 2015 through September 1, 2016, the Plan governing this case requires that all sales until November 30, 2016 be considered in determining eligible losses.

For more specific details regarding the ELA calculation, please see the Plan of Allocation beginning on page 12 of the Distribution Plan.

Yes.  A determination notice will be mailed to all claimants that filed a claim form.  The determination notice will provide each claimant with the status of their claim: approved, deficient or ineligible.  If your claim is deficient, we will provide an explanation of the deficiency and an instruction regarding what is required to cure the deficiency.  If your claim is determined to be ineligible, the determination notice will provide the reason for such denial.  All information submitted in response to a determination notice, either attempting to cure a deficient claim or requesting reconsideration of a rejected claim, must be postmarked no more than 45 days after the date of your determination notice.

Until all claims have been fully processed, it is not possible to determine the amount of any individual payment because the amount will depend on a variety of factors; including, the number of eligible claims processed, the total dollar amount of the eligible claims, and the eligible loss amount of your MYL transactions.

If you are determined to be eligible, the amount of your recovery will be based on the plan of allocation loss methodology that was approved by the Court.  The plan of allocation analyzes the reaction of the price of MYL to the misstatements and omissions alleged in the SEC’s Complaint in order to assess the inflation of the price of MYL as a result of the misstatements and omissions.

Your eligible loss will be calculated in accordance with the plan of allocation.  Please note that your eligible losses will be used to determine the amount of your distribution payment from the Fair Fund; however, if the aggregate losses of all claimants exceeds the value of the Fair Fund, the Fair Fund will be distributed to eligible claimants proportionately based upon the ratio of the eligible losses of each claimant to the aggregate eligible losses of all eligible claimants.

You can read a more detailed explanation of the plan of allocation and how distribution payments are calculated, including examples showing the application of the methodology, in the Distribution Plan which is available on this website.

We cannot provide tax or other legal advice on this matter.  It is your responsibility to determine and pay any federal, state or other taxes you may owe on recoveries you receive from the Fair Fund.  Therefore, we recommend that you consult your tax advisor.

If you move after you file your claim form, please be sure to provide your new address to ensure that we are able to contact you in the event you are eligible to receive a distribution payment.  You can update your address by calling (800) 678-0888, sending an email to [email protected], or writing to:

MYLAN Fair Fund
P.O. Box 6709
Syracuse, NY 13217-6709

No. This Fair Fund settlement is the result of an enforcement action brought by the U.S. Securities and Exchange Commission.

No. The Distribution Agent will not mail bulk quantities of blank claim forms or other materials to an institutional filer. The claim form and all other relevant material can be downloaded directly from the Fair Fund website here, or you may direct your clients to submit their claim using the online claim filing option available here.