---
schema_version: "secwatch.filing_event.v1"
accession: "0001217234-25-000072"
form_type: "8-K"
ticker: "CDNA"
cik: "0001217234"
company_name: "CareDx, Inc."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:42:37.572599+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Court preliminarily approves CareDx shareholder derivative settlement with governance reforms

## Summary
- Preliminary approval granted Dec 9 for settlement of Edelman v. Bickerstaff derivative action alleging false testing revenue statements.
- Settlement requires CareDx to implement governance reforms (audit committee, disclosure committee, compliance review) for 4 years.
- Compliance assessment budget of $250k in FY2026; $250k/year for FY2027-28 for implementation and monitoring.
- Plaintiffs' counsel may seek up to $1.2M in fees/expenses (opposed by defendants); no monetary recovery for shareholders.
- Final approval hearing set for June 30, 2026; settlement also resolves related Delaware derivative action (Burns IRA).

## SEC filing metadata
- accession: 0001217234-25-000072
- form_type: 8-K
- ticker: CDNA
- cik: 0001217234
- company_name: CareDx, Inc.
- filed_at: 2025-12-18T23:59:59+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/1217234/000121723425000072/0001217234-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1217234/000121723425000072/cdna-20251218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001217234-25-000072
- JSON: https://secwatch.observer/filing/0001217234-25-000072.json
- Plain text: https://secwatch.observer/filing/0001217234-25-000072.txt

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