11thestate
Nov 2, 1:29 PM
Everything you need to know about the
$18.9M Biogen (
$BIIB) Settlement Payout
Q: What happened?
A: Biogen allegedly misled investors about the commercial launch of Aduhelm, its Alzheimer’s treatment, by overstating payer support and suggesting that Medicare coverage was automatically available after FDA approval. Later disclosures revealed uncertainty around reimbursement and patient access, raising concerns about the drug’s commercial prospects.
Q: Am I actually eligible?
A: If you bought
$BIIB shares in 2021, you’re likely eligible. You don’t need to still hold the stock to claim; past losses count
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Q: I missed the deadline. Is it too late?
A: No, you may still be able to file a late claim, but acceptance depends on final approval by the court.
Check if you're eligible and file a claim: https://11th.com/cases/biib-investor-settlement
