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 settlement of the Action for $3,500,000 in cash that resolves all claims in the Action. On May 10, 2018, the Court approved the Settlement and entered the Judgment dismissing the Action.

If you are a member of the Settlement Class, your rights will be affected. 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).

On July 10, 2019, the Court approved a distribution to eligible claimants and the Claims Administrator is preparing a distribution.

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