Twist Bioscience settlement notice sets Nov. 18, 2026 fairness hearing
A federal settlement notice says Twist Bioscience investors in a securities class action may share in a proposed $17.05 million cash deal if a California judge approves it in November 2026.
A federal court notice says a proposed $17,050,000 cash settlement has been reached in the Twist Bioscience securities class action, and a fairness hearing is set for Nov. 18, 2026, in San Jose, California.
The settlement would resolve claims tied to Twist common stock purchases covered by the notice, including purchases in the December 2020 offering under the 2020 registration statement and transactions between Dec. 20, 2018, and Nov. 15, 2022. If approved, the deal would move the case toward dismissal with prejudice and set the terms for any payments from the Net Settlement Fund.
According to the court-authorized notice issued by Simpluris, Inc., the court-appointed claims administrator, the case is Anthony Joseph Peters v. Twist Bioscience Corporation, et al., Case No. 5:22-cv-08168-EKL, in the U.S. District Court for the Northern District of California, San Jose Division. The settlement class was preliminarily certified for settlement purposes, subject to exclusions listed in the Long-Form Notice.
The notice says the hearing will take place before Judge Eumi K. Lee at 10:00 a.m. in Courtroom 7 at the Robert F. Peckham Federal Building & United States Courthouse, 280 South 1st Street, San Jose, CA 95113. At that hearing, the court is expected to consider whether the settlement is fair, reasonable and adequate, whether to certify the settlement class, whether to approve the plan of allocation, and whether to approve attorneys’ fees and expenses. The court will also consider mutual releases and a permanent injunction barring further prosecution of released claims.
The notice says class members do not need to attend the hearing to receive a distribution from the Net Settlement Fund. It also sets deadlines for participating in or objecting to the settlement. Proofs of Claim and Release must be submitted online or by mail postmarked no later than Nov. 17, 2026. Requests for exclusion and objections must be submitted or postmarked by Oct. 7, 2026.
The notice is dated July 17, 2026, and it directs class members to the settlement website, www.TwistSecuritiesSettlement.com, for forms and additional information. Questions may be directed to counsel at [email protected] or (888) 879-9418.
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