Common Contracts

STIPULATION AND AGREEMENT OF SETTLEMENT

Settlement Agreement • May 15th, 2020 • New York

• Contract Type
  Settlement Agreement
• Filed
  May 15th, 2020
• Jurisdiction
  New York

This stipulation and agreement of settlement (the “Stipulation”) is made and entered into through their respective undersigned counsel, by and between Lead Plaintiff the Public Employees’ Retirement System of Mississippi (“Lead Plaintiff” or “Mississippi PERS”), on behalf of itself and the Settlement Class (as defined below), and Dr. Reddy’s Laboratories Ltd. (“Dr. Reddy’s” or the “Company”), Dr. Reddy’s Laboratories, Inc.; Abhijit Mukherjee; G.V. Prasad; Saumen Chakraborty; and Satish Reddy (collectively, “Defendants,” and Lead Plaintiff and Defendants, collectively, the “Parties”). Subject to the terms and conditions set forth herein and the Court’s approval pursuant to Rule 23 of the Federal Rules of Civil Procedure, the settlement embodied in this Stipulation is intended by the Parties: (a) to be a full and final disposition of the above-captioned action (the “Action”) with respect to Defendants; and (b) to fully, finally and forever resolve, discharge, release, resolve, dismiss an