Emergent Securities Litigation
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Welcome to the Emergent Securities Litigation Website

This website has been established to provide general information related to the proposed settlement of the case referred to as Sponn v. Emergent BioSolutions, Inc., et al., Case No. 8:16-cv-02625-RWT (the "Litigation"), pending before the United States District Court for the District of Maryland (the "Court"). The capitalized terms used on this website, and not otherwise defined, shall have the same meanings ascribed to them in the Stipulation of Settlement (the "Stipulation") dated October 16, 2018, which can be found and downloaded by clicking on the Case Documents tab above. Your rights may be affected by the Settlement if you purchased or otherwise acquired Emergent BioSolutions Inc. ("Emergent" or the "Company") publicly-traded common stock listed on the New York Stock Exchange during the period from January 11, 2016 through and including June 21, 2016 (the "Settlement Class Period").

As more fully described in the Amended Notice of Proposed Settlement of Class Action (the "Notice"), the initial complaint in this action was filed on July 19, 2016. On October 25, 2016, the Court appointed Lead Plaintiffs and Lead Counsel.

In an effort to conserve judicial resources, save litigation expenses, and attempt to settle the Litigation, the parties engaged the services of a nationally recognized mediator. The parties prepared and exchanged detailed mediation statements and engaged in a full-day in-person mediation session on August 27, 2018. The parties negotiated in good faith through the mediator and reached an agreement in principle to settle the Litigation on the terms set forth in the Stipulation.

The Settlement, if approved, will result in the creation of a cash settlement fund of $6,500,000 (the “Settlement Amount”). The Settlement Amount, plus accrued interest (the “Settlement Fund”) and minus the costs of the Notice and all costs associated with the administration of the Settlement, as well as any attorneys’ fees and expenses that may be approved by the Court (the “Net Settlement Fund”), will be distributed to Settlement Class Members pursuant to the Plan of Allocation that is described in the Notice.

The law firm of Robbins Geller Rudman & Dowd LLP represents you and other Settlement Class Members. These lawyers are called Lead Counsel. These lawyers will apply to the Court for payment of attorneys’ fees and expenses from the Settlement Fund; you will not be otherwise charged for their work. If you want to be represented by your own lawyer, you may hire one at your own expense.

Although the information in this website is intended to assist you, it does not replace the information contained in the Notice and Stipulation, both of which can be found and downloaded by clicking on the Case Documents tab above. We recommend that you read the Notice and other relevant case documents carefully.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

SUBMIT A PROOF OF CLAIM The only way to be eligible to receive a payment from the Settlement. Proofs of Claim must be postmarked (if mailed) or received (if submitted online) on or before February 16, 2019.
EXCLUDE YOURSELF FROM THE SETTLEMENT BY SUBMITTING A WRITTEN REQUEST FOR EXCLUSION Get no payment. This is the only option that potentially allows you to ever be part of any other lawsuit against any of the Defendants or any other Released Persons about the legal claims being resolved by this Settlement. Any prosecution of those legal claims shall be entirely at your expense and excludes you from any distributions from the Settlement Fund. Exclusions must be postmarked on or before December 26, 2018.
OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION Write to the Court about any objections you may have to the Settlement, the Plan of Allocation and/or the request for attorneys’ fees and expenses. You will still be a Member of the Settlement Class. Objections must be received by the Court and counsel for the Settling Parties on or before December 26, 2018.
GO TO THE HEARING ON JANUARY 22, 2019, AND FILE A NOTICE OF INTENTION TO APPEAR Ask to speak in Court about the fairness of the Settlement. Requests to speak must be received by the Court and counsel for the Settling Parties on or before December 26, 2018. If you submit a written objection, you may (but you do not have to) attend the hearing.
DO NOTHING Receive no payment. You will, however, still be a Member of the Settlement Class, which means that you give up your right to ever be part of any other lawsuit against the Defendants or any other Released Persons about the legal claims being resolved by this Settlement and you will be bound by any judgments or orders entered by the Court in the Litigation.

DEADLINES

Submit Claim: February 16, 2019
Request Exclusion: December 26, 2018
File Objection: December 26, 2018
Court Hearing on Fairness of Settlement: January 22, 2019, at 10:00 a.m. ET