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Becton, Dickinson and Company Securities Litigation Settlement

Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases

Closed to new claims since June 14, 2024. Browse open settlements →

Where this case stands

Final approval granted April 15, 2024

Claims closed June 14, 2024. Once the time to appeal has run, the administrator pays valid claims; that usually takes three to twelve months after approval.

Before Judge Stanley R. Chesler, U.S. District Court (District of New Jersey) (No. 2:20-cv-02155-SRC-CLW).

  1. February 27, 2020
    Case filed
  2. April 15, 2024
    Final approval granted
  3. April 22, 2024
    Final approval hearing

    The court hears any objections and decides whether to approve the settlement.

  4. April 22, 2024
    Case closed by the court
  5. June 14, 2024
    Claim deadline

    Claims had to be submitted by this date.

What happened

Becton, Dickinson and Company and its former CEO Thomas E. Polen allegedly violated federal securities laws by misrepresenting the nature, extent, and revenue impact of undisclosed product issues, compliance violations, and FDA scrutiny regarding BD's Alaris infusion pump system during November 2019 to February 2020. The defendants have denied all wrongdoing while agreeing to settle for $85 million.

Do you qualify?

Anyone who purchased or otherwise acquired Becton, Dickinson and Company common stock or call options, or sold BD put options, between November 5, 2019 and February 5, 2020 (inclusive) and was damaged thereby. Excluded are company executives, board members, their families, and anyone who was already excluded from the class.

Who is in the class

All persons and entities who, from November 5, 2019 to February 5, 2020, inclusive, purchased or otherwise acquired BD common stock or call options, or sold BD put options, and were damaged thereby.

Quoted from the settlement notice.

How to file

Submit a Claim Form postmarked (if mailed) or filed online no later than June 14, 2024. The Claim Form is available on the website. You must provide documentation of your purchases or transactions. Contact the Claims Administrator at 1-888-995-0312 or info@BectonSecuritiesSettlement.com for assistance.

Common questions

How much does the Becton, Dickinson and Company Securities Litigation Settlement pay?
The settlement fund is $85M.Why settlement checks are smaller than the headline number →
What is the claim deadline for the Becton, Dickinson and Company Securities Litigation Settlement?
Closed to new claims — the deadline was June 14, 2024.
Do I need proof of purchase for the Becton, Dickinson and Company Securities Litigation Settlement?
Yes. This settlement asks for documentation with the claim; bectonsecuritiessettlement.com lists what is accepted.
What is the status of the Becton, Dickinson and Company Securities Litigation Settlement?
Final approval granted April 15, 2024. Claims closed June 14, 2024. Once the time to appeal has run, the administrator pays valid claims; that usually takes three to twelve months after approval.
Is the Becton, Dickinson and Company Securities Litigation Settlement notice real, or a scam?
JND Legal Administration is the court-appointed administrator. Claims are filed only at bectonsecuritiessettlement.com. Filing is always free, and no administrator asks for payment or a full Social Security number by email or text.How to tell a real settlement notice from a scam →
Who are the attorneys in the Becton, Dickinson and Company Securities Litigation Settlement?
For the plaintiffs: LISA J. RODRIGUEZ (DILWORTH PAXSON LLP). For Becton, Dickinson and Company and Thomas E. Polen: MATTHEW ADAM SKLAR (MCCARTER & ENGLISH LLP); OMAR ABDUSSELLAM BAREENTTO (MCCARTER & ENGLISH LLP); BENJAMIN SOKOLY (WINSTON & STRAWN LLP); RICHARD HERNANDEZ (MCCARTER & ENGLISH, LLP). From the public court docket.

Who's involved

Plaintiffs

  • STEPHEN KABAK

Defendants

  • BECTON, DICKINSON AND COMPANY
  • CHRISTOPHER R. REIDY
  • THOMAS E POLEN
  • VINCENT A FORLENZA

Counsel for plaintiffs

Counsel for defendants

From the public court docket, contact details as filed; not an endorsement.

Guides:Why is my settlement check so small?How long a settlement takes to pay outIs this settlement notice real, or a scam?

Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.

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