secwatch.observer — SEC 8-K summary
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Issuer:     PERRIGO Co plc (PRGO)
CIK:        0001585364
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001585364-24-000147
Event type: litigation
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Perrigo reaches $98M D&O insurance settlement for securities litigation costs
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- D&O insurers will pay Perrigo $98M inclusive of costs before end of FY2024.
- Settlement covers coverage obligations for securities litigation from 2015-2017 including opt-out cases.
- Proceeds reimburse legal expenses and prior settlement of a class action in New Jersey federal court.
- Perrigo will surrender 2015/2016 policies and withdraw claims under 2017/2018 policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585364/000158536424000147/0001585364-24-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585364/000158536424000147/prgo-20241218.htm
  HTML page:      https://secwatch.observer/filing/0001585364-24-000147

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