iRhythm agrees to $45 million settlement to resolve securities class action lawsuit

iRhythm Holdings, Inc.

iRhythm Holdings, Inc.

IRTC

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  • iRhythm Technologies entered a binding settlement on June 3, 2026 to resolve a putative securities class action in U.S. federal court.
  • Settlement calls for a USD 45 million payment, including plaintiffs’ legal fees, in exchange for dismissal with prejudice and a release of claims.
  • Majority of the payment is expected to be covered by D&O insurance, exhausting remaining coverage under policies tied to the matter.
  • Deal requires court approval; a motion for preliminary approval has been filed.
  • Stockholder derivative lawsuits are not covered by the settlement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iRhythm Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001388658-26-000052), on June 05, 2026, and is solely responsible for the information contained therein.