Amgen Settlement

Amgen Settlement

Fiduciary Counselors Inc. was appointed as an independent fiduciary to act on behalf of participants in the Amgen Retirement and Savings Plan and the Retirement and Savings Plan for Amgen Manufacturing, Limited (the “Plans”) in connection with a settlement in In Re Amgen Inc. Securities Litigation (the “Settlement”) to review the Settlement; let participants know our conclusions, including a recommendation regarding whether participants should exclude themselves from the Settlement; file an objection with the Court if we conclude that there are aspects of the Settlement that are objectionable; and file claims on behalf of participants based on their transactions in the Plans. Fiduciary Counselors has extensive experience reviewing securities settlements affecting participants who invested in employer stock through similar plans, as well as filing claims based on plan records.

Using records from the Plans, we sent a Notice and Recommendations to individuals who held units in the Amgen Stock Fund in one of the Plans during the Class Period covered by the Settlement, from April 22, 2004 through May 10, 2007, inclusive. A copy of the notice is included here.

To the extent that updates to our Notice are warranted with respect to the claims process, they will be posted on this site.
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