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Biogen

Biogen agreed to a $9.75 million class action settlement resolving claims it violated federal law in handling its employee 401(k) program.

ClosedUnited States-wideClaim status: Closed on December 29, 2023Payout: VariesNo longer claimable

About this settlement

Alleged violations of federal law in the management of Biogen's employee 401(k) program.

This nationwide settlement resolves allegations that Biogen Inc. violated federal law concerning the management of its employee 401(k) program. Eligible participants and former participants may receive a portion of the $9.75 million settlement fund.

Who qualifies

  • Biogen Inc. 401(k) participants, former participants, beneficiaries, or alternate payees.
  • Individuals who were part of the plan at any time from July 14, 2014, to Aug. 31, 2023.

Varies

Claim status: Closed on December 29, 2023

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