- A US federal judge in Massachusetts certified a securities class action covering purchasers of Biogen securities from June 8, 2021 to July 12, 2021.
- The case is Oklahoma Firefighters Pension and Retirement System v. Biogen, along with defendants Michel Vounatsos and Alisha Alaimo.
- The lawsuit alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 tied to alleged material misstatements or omissions.
- Defendants deny the allegations, and no judgment, settlement, or monetary recovery has been reached.
- The court set a May 11, 2026 deadline for class members to request exclusion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Biogen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603190800PRIMZONEFULLFEED9669441) on March 19, 2026, and is solely responsible for the information contained therein.