Kehoe Law Firm, P.C., counsel to Lead Plaintiff the Policemen’s Annuity and Benefit Fund of Chicago, is pleased to announce that the United States District Court for the Northern District of California has preliminarily approved a $17.05 million settlement in the securities class action litigation against Twist Bioscience Corporation (“Twist”) and certain of its senior executives.
On July 17, 2026, U.S. District Judge Eumi K. Lee granted preliminary approval of the proposed settlement in Peters v. Twist Bioscience Corporation, et al., Case No. 22-cv-08168. The Court also preliminarily certified the Settlement Class for purposes of the settlement.
The litigation alleges that Twist and certain of its senior management made materially false and misleading statements concerning, among other things, the Company’s production process, product quality, customer satisfaction, accounting practices, production costs, and gross margins.
Kehoe Law Firm’s client, the Policemen’s Annuity and Benefit Fund of Chicago, was appointed Lead Plaintiff to represent the interests of investors in the litigation. Kehoe Law Firm has served as counsel to the Lead Plaintiff in pursuing the claims on behalf of the proposed investor class.
The proposed $17.05 million settlement, if granted final approval, will resolve the securities claims asserted in the litigation and provide a substantial monetary recovery for eligible Twist investors. The Court has scheduled a final approval hearing for November 18, 2026.
“Kehoe Law Firm is pleased with the Court’s preliminary approval of this significant settlement and proud to represent the Policemen’s Annuity and Benefit Fund of Chicago as Lead Plaintiff,” said John Kehoe, counsel for Kehoe Law Firm. “This settlement represents an important recovery for Twist investors and reflects the Lead Plaintiff’s commitment to vigorously pursuing the interests of the class.”
Kehoe Law Firm looks forward to continuing its work on behalf of the Lead Plaintiff and the Settlement Class through the final approval process.
Investors with questions or concerns about the class action can send us a message or contact:
John Kehoe, Esq.
(215) 792-6676, Ext. 801
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally-recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, and retirement-plan mismanagement. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
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