Form 8-K · Current report
Illumina, Inc. 8-K, filed Aug 7, 2026
- Filed
- CIK
- 0001110803
- Accession no.
- 0001110803-26-000168
Summary
Illumina, Inc. entered a Release Agreement with plaintiffs and named defendants to settle Delaware Court of Chancery litigation over its acquisition of GRAIL, Inc., under which the action would be dismissed with prejudice as to the plaintiffs only and without prejudice to other Illumina stockholders. The defendants deny wrongdoing, and the court has scheduled a hearing on the proposed dismissal for Nov. 2, 2026, while related derivative actions remain unaffected.
Key points
- The Release Agreement provides for mutual releases with no payment by any party and dismissal of the action with prejudice as to the plaintiffs only and without prejudice to other Illumina stockholders.
- Defendants Francis deSouza, John Thompson, Frances Arnold, Caroline Dorsa, Robert Epstein, Scott Gottlieb, Gary Guthart, Philip Schiller, and Susan Siegel deny all claims and liability and agreed to settle to avoid the burden, expense, and uncertainty of further litigation.
- The Delaware Court of Chancery will hold a dismissal hearing on Nov. 2, 2026, at 1:30 p.m. Eastern time.
- The proposed dismissal does not affect three related derivative actions, including City of Omaha Police & Firefighters Retirement System v. deSouza, C.A. No. 2024-0172-PAF.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01 Other Events. Effective August 21, 2025, Illumina, Inc. (the “Company”) entered into a Release Agreement with the plaintiffs and all named defendants reflecting the terms of the settlement of the litigation captioned Icahn Partners LP, et al., v. Francis DeSouza, et al., C.A. No. 2023-1045-PAF (the “Action”) in the Court of Chancery of the State of Delaware (the “Court”), relating to the Company’s acquisition of GRAIL, Inc. …
An excerpt of the text as filed with the SEC, cut for length.
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