Every dollar amount and date on this page is quoted from the official settlement document.
Covetrus $70 Million Securities Class Action Settlement
Court case: BUCKS COUNTY EMPLOYEES' RETIREMENT SYSTEM, and OKLAHOMA LAW ENFORCEMENT RETIREMENT SYSTEM v. CLAYTON, DUBILIER & RICE, LLC, CD&R VFC HOLDINGS, L.P., CD&R INVESTMENT ASSOCIATES IX, LTD., RAVI SACHDEV, and SANDRA PETERSON
Covetrus shareholders whose stock was exchanged at $21.00 per share on October 13, 2022 share a $70,000,000 settlement — distributed after fees and costs are deducted.
Official eligibility wordingAll record holders and beneficial owners of common stock of Covetrus, Inc. whose shares were exchanged for $21.00 per share in cash on October 13, 2022. Checked against the official settlement source by SettleSignal on June 19, 2026.
Key facts
- Who may qualify You may qualify if you were a record holder or beneficial owner of Covetrus, Inc. common stock whose shares were exchanged for $21.00 per share in cash on October 13, 2022.
- Estimated payout$70,000,000 in cash distributed on a pro rata basis; net fund reduced by attorneys’ fees and costs
- Objection deadlineMarch 20, 2026 (passed)
- Proof requiredNo
- What you needNothing to file — payment is sent automatically to people the administrator identifies. No proof is required.
- CourtCourt of Chancery of the State of Delaware
How hard is this claim to file?
Watch out for
- This is a non-opt-out class — you cannot exclude yourself from the settlement
- Payments will not be issued until after the court resolves any appeals and grants final approval; timing is not guaranteed
- Your payment will arrive through whichever channel the original transaction consideration was delivered — ensure your brokerage or mailing address on file with the administrator is current
- The net fund is reduced by administration costs, taxes, attorneys' fees, and service awards before distribution
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
Verify it yourself
How we verified this record
- Payout details
- Eligibility
- Proof requirement
- Administrator
- Court case
- Payment status
- 2 fields queued for re-check
4 official sources linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
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Proof requirement
No
Class Members do not have to submit a claim form to receive a payment from the Settlement.
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Payment status
Payment pending
The Delaware Chancery Court on April 13, 2026 approved a $70 million settlement resolving stockholder claims over the 2022 take-private sale of animal health company Covetrus Inc.
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Estimated payout
$70,000,000 in cash distributed on a pro rata basis; net fund reduced by attorneys’ fees and costs
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Administrator
Angeion Group
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Court
Court of Chancery of the State of Delaware
Show all 5 more verified fields
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Objection deadline
March 20, 2026
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Automatic refund
Yes — automatic, no claim needed
No action is required to receive payment. Payments will be distributed automatically.
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Court case number
C.A. No. 2023-1151-LWW
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No-claim explanation
Class Members do not have to submit a claim form to receive a payment from the Settlement. Payments will be made in the same manner in which Class Members received the Transaction Consideration.
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Case name
BUCKS COUNTY EMPLOYEES' RETIREMENT SYSTEM, and OKLAHOMA LAW ENFORCEMENT RETIREMENT SYSTEM v. CLAYTON, DUBILIER & RICE, LLC, CD&R VFC HOLDINGS, L.P., CD&R INVESTMENT ASSOCIATES IX, LTD., RAVI SACHDEV, and SANDRA PETERSON
Where to act
No claim form is needed — Angeion Group issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
