BOIRON : Final approval of the settlement agreement relating to class action proceedings in the United States

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November 5, 2012

 

In the United States, the settlement agreement signed on March 6, 2012 which shall put an end to all current class action proceedings (with the exception of the claim relating to Children's Coldcalm®) obtained final approval from the San Diego Court in its judgment dated October 31, 2012. According to the initial terms, this settlement provides a lump sum of 5 million dollars (a provision was booked in the 2011 financial statements) and the commitment to change the advertising and packaging material within the next 24 months. An appeal may be filed against this judgment.

 

Next update: January 24, 2013, after the close of the stock market, publication of 2012 sales.

Financial information manager: Philippe MONTANT

Contact for financial information: Véronique BOUSCAYROL

Investor relations: +33 (0) 4.78.45.63.43 - e-mail: finances@boiron.fr

ISIN Code: FR0000061129 (BOI) - Bloomberg : BOI FP - Reuters : BOIR.PA

The group's financial information is online at : www.boiron.com

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