Illumina sets Delaware court hearing on proposed dismissal of Icahn lawsuit

2 hours ago

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(AWP Alliance News) - Illumina will hold a dismissal hearing in Wilmington, Delaware on Nov. 2, 2026, tied to the proposed termination of an investor-led fiduciary duty lawsuit over the company's USD 8 billion GRAIL acquisition. The court will consider whether to approve a stipulated dismissal that would end the case with prejudice for the Icahn-affiliated plaintiffs.

The proposed dismissal would not bar other Illumina shareholders from pursuing similar claims, including separate derivative actions that remain pending.

https://www.sec.gov/Archives/edgar/data/1110803/0001110803-26-000168-in…

Disclaimer: This news brief was created using generative artificial intelligence. Illumina Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission, on August 07, 2026, and is solely responsible for the information contained therein.