Settlement Proposed in CareDx, Inc. Securities Class Action Case

Proposed Settlement in CareDx, Inc. Securities Litigation

On August 14, 2025, Saxena White P.A. and Robbins Geller Rudman & Dowd LLP announced a proposed settlement in the ongoing securities litigation involving CareDx, Inc. This class action lawsuit pertains to allegations concerning the company's disclosure practices during the period between May 1, 2020, and November 3, 2022. If you purchased CareDx, Inc. common stock during this time frame, you might be eligible to receive a portion of a $20.25 million settlement fund.

Background of the Case

The lawsuit was initiated by the Plumbers & Pipefitters Local Union #295 Pension Fund, who acted as the lead plaintiff on behalf of all others who were similarly situated. Allegations raised in this class action revolve around the company's potential misleading statements and omissions regarding corporate performance, which could have influenced investors’ decisions.

The United States District Court for the Northern District of California is overseeing the case, designated with the case number 322-cv-03023-TLT. A hearing has been scheduled for December 2, 2025, to review the fairness and adequacy of the proposed settlement. The Court will also provide instructions for claims distribution and lawyers’ fees during this session.

Settlement Details

Class members who meet the relevant criteria can apply for a share of the net settlement fund. Importantly, those who wish to participate must submit a Proof of Claim by mail or online by November 12, 2025. Failing to do so means that although affected individuals will be bound to the court order regarding the settlement, they will not receive any monetary compensation.

Conversely, those who wish to exclude themselves from the class action must also act by sending a written request before October 14, 2025. It's pivotal for potential claimants to keep an eye on updates regarding the hearing and settlement details on the official court or settlement websites.

How to Participate

If you are a member of the concerned class, you can access further information and required documentation by visiting www.CareDxSecuritiesLitigation.com or by contacting the claims administrator directly. Information about the long-form notice and proof of claim form can be readily found there.

Conclusion

As the court proceedings unfold, shareholders are advised to stay informed about any updates pertaining to the settlement parameters and the hearing date. In class action laws, adhering to the established deadlines for claims and exclusions is essential for maintaining your eligibility for any potential recovery. This case underscores the vitality of transparency in corporate disclosures and the ongoing commitment of regulators to protect investor interests.