BD files settlement docs for $85M class action over infusion pump statements

BECTON DICKINSON & CO

Settlement of $85M to resolve class action claims against BD and officers; no admission of liability.
Court approval sought; settlement does not resolve pending derivative actions (meritorious defenses asserted).
Amount adequately reserved and deemed not material to BD's consolidated financial results or cash flow.
Lawsuit originally filed Feb 2020 in U.S. District Court for District of New Jersey.

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