---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-104596"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2022-09-30T23:59:59+00:00"
generated_at: "2026-06-23T06:14:58.564040+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Veeco settles shareholder derivative suit; adopts governance reforms, no monetary payment

## Summary
- Court granted preliminary approval of settlement on Sep 12, 2022; final hearing set for Nov 17, 2022.
- Settlement requires Veeco to adopt and maintain governance reforms for at least 5 years, including formalizing a Disclosure Committee.
- No monetary component to the settlement; potential attorneys' fees to be paid by Veeco's insurance carriers.
- Plaintiff's derivative action alleged false statements in connection with the 2017 Ultratech acquisition; defendants denied wrongdoing.
- Independent directors unanimously approved settlement as fair and in best interests of Veeco and its stockholders.

## SEC filing metadata
- accession: 0001104659-22-104596
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2022-09-30T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103145/000110465922104596/0001104659-22-104596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465922104596/tm2227014d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-104596
- JSON: https://secwatch.observer/filing/0001104659-22-104596.json
- Plain text: https://secwatch.observer/filing/0001104659-22-104596.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.