Welcome to the Settlement Website for In re ARIAD Pharmaceuticals, Inc. Securities Litigation, pending in the United States District Court for the District of Massachusetts (the “Action”).

The Court-appointed Settlement Class Representatives, the City of Fort Lauderdale Police & Fire Retirement System and Dr. William A. Gaul, on behalf of themselves and the other members of the Settlement Class (defined below), have reached a proposed settlement of the Action for $3,500,000 in cash that, if approved, will resolve all claims in the Action.

If you are a member of the Settlement Class, your rights will be affected and you may be eligible for a payment from the Settlement. The Settlement Class consists of:

All persons or entities who purchased, or otherwise acquired, shares of ARIAD publicly traded common stock during the period from December 11, 2012, through December 14, 2012 (“Settlement Class Period”), inclusive, and were damaged thereby, except for certain persons and entities who are excluded from the Settlement Class (see Q&A 6 of the Notice).

If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form no later than April 26, 2018. Payments to eligible claimants will be made only if the Court approves the Settlement and a plan of allocation, and only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.

Your Legal Rights and Options in this Settlement
BY APRIL 26, 2018
The only way to get a payment.
BY APRIL 19, 2018
Get no payment. This is the only option that allows you to ever be part of any other lawsuit against ARIAD and the other Released Defendant Parties about the Settled Claims.
BY APRIL 19, 2018
Write to the Court about why you do not like the Settlement, the proposed Plan of Allocation, and/or Plaintiffs' Co-Lead Counsel's application for an award of attorneys' fees and payment of expenses.
ON MAY 10, 2018
Ask to speak in Court about the Settlement at the Settlement Fairness Hearing.
DO NOTHING Get no payment. Give up rights.

The Frequently Asked Questions page of this website has more information on your rights as a Settlement Class Member in this Action.

Important Dates

  • December 11, 2012 - December 14, 2012
    Settlement Class Period
  • April 26, 2018
    Deadline to Submit a Claim Form
  • April 19, 2018
    Deadline to Object
  • April 19, 2018
    Deadline to Exclude Yourself from the Settlement Class
  • May 10, 2018 at 2:00 p.m.
    Settlement Fairness Hearing