Taro Pharmaceutical Industries Securities Litigation Settlement
Up to $2.53
This settlement is closed to new claims — the deadline was August 16, 2024. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Taro Pharmaceutical Industries Ltd. and individual defendants are accused of securities fraud related to statements about Taro common stock. The company and defendants have agreed to settle the class action lawsuit by paying $36 million (plus interest) to eligible investors. The defendants do not admit wrongdoing.
Do you qualify?
Anyone who purchased Taro common stock on the open market on a U.S. stock exchange from July 2, 2014 through November 3, 2016, and were damaged by the alleged fraud. Employees' mutual funds that held the stock do not automatically qualify members; individuals must have directly purchased shares during the Class Period.
How to file
Submit a valid Claim Form by August 16, 2024. Contact the Claims Administrator at JND Legal Administration by calling toll-free 855-208-4121, emailing info@TaroSecuritiesLitigation.com, or mailing to the address provided. You must have evidence of your purchase of Taro common stock during the Class Period.
Common questions
- How much does the Taro Pharmaceutical Industries Securities Litigation Settlement pay?
- Estimated payout: Up to $2.53. The total settlement fund is $36M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Taro Pharmaceutical Industries Securities Litigation Settlement?
- This settlement is closed to new claims — the deadline was August 16, 2024. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the Taro Pharmaceutical Industries Securities Litigation Settlement?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the Taro Pharmaceutical Industries Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at tarosecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Taro Pharmaceutical Industries Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for August 23, 2024; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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