secwatch.observer — SEC 8-K summary
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Issuer:     ILLUMINA, INC. (ILMN)
CIK:        0001110803
Form:       8-K
Filed at:   2026-08-07T20:25:57+00:00
Accession:  0001110803-26-000168
Event type: litigation
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Illumina settles Icahn derivative suit over GRAIL; no payment, dismissal hearing Nov 2, 2026
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- Settlement reached Aug 21, 2025: mutual releases, no payment; dismissal with prejudice as to Icahn plaintiffs only.
- Dismissal without prejudice to other stockholders; three related derivative actions (Omaha, Roseville, Pavers) unaffected.
- Court hearing on proposed dismissal set for Nov 2, 2026, 1:30 p.m. ET before Vice Chancellor Fioravanti.
- Release includes potential claims against Andrew Teno for sharing confidential/privileged materials in the action.
- Litigation challenged Illumina's ~$8B GRAIL acquisition; EC's $476M fine later withdrawn after ECJ jurisdiction ruling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110803/000111080326000168/0001110803-26-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110803/000111080326000168/ilmn-20260807.htm
  HTML page:      https://secwatch.observer/filing/0001110803-26-000168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer