Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the McKesson Corporation Securities Litigation

SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the McKesson Corporation Securities Litigation:

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA
EVANSTON POLICE PENSION FUND, Individually and on Behalf of All Others Similarly Situated,   Plaintiff,   vs.   MCKESSON CORPORATION, et al.,   Defendants.	) ) ) ) ) ) ) ) ) ) ) )	Case No. 3:18-cv-06525-CRB CLASS ACTION SUMMARY NOTICE

IF YOU PURCHASED OR ACQUIRED MCKESSON CORPORATION (“MCKESSON”) COMMON STOCK BETWEEN OCTOBER 24, 2013 AND OCTOBER 27, 2016, INCLUSIVE (THE “CLASS PERIOD”), YOU COULD RECEIVE A PAYMENT FROM A CLASS ACTION SETTLEMENT. CERTAIN PERSONS ARE EXCLUDED FROM THE DEFINITION OF THE CLASS AS SET FORTH IN THE STIPULATION OF SETTLEMENT.

PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Northern District of California, that the above-captioned litigation (the “Action”) has been certified as a class action for the purposes of settlement only and that a Settlement has been proposed for $141,000,000 in cash. A hearing will be held on June 2, 2023, at 10:00 a.m., before the Honorable Charles R. Breyer, at the United States District Court, Northern District of California, Phillip Burton Federal Building & United States Courthouse, Courtroom 6 – 17th Floor, 450 Golden Gate Avenue, San Francisco, CA 94102, for the purpose of determining whether: (1) the proposed Settlement should be approved by the Court as fair, reasonable and adequate; (2) the proposed Plan of Allocation for distribution of the Settlement proceeds is fair, reasonable and adequate and therefore should be approved; and (3) the application of Lead Counsel for the payment of attorneys’ fees and expenses from the Settlement Fund, including interest earned thereon, should be granted.

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THE LITIGATION, AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND. You may obtain a copy of the Stipulation of Settlement, the Notice of Pendency and Proposed Settlement of Class Action (the “Notice”), and the Proof of Claim Form at www.McKessonSecuritiesLitigation.com or by contacting the Claims Administrator: McKesson Securities Litigation, c/o Gilardi & Co. LLC, P.O. Box 301134, Los Angeles, CA 90030-1134; 1-877-892-8802.

If you are a Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Proof of Claim Form by mail postmarked no later than May 10, 2023, or submit it online by that date. If you are a Class Member and do not submit a valid Proof of Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will still be bound by any judgment entered by the Court in this Action (including the releases provided for therein).

To exclude yourself from the Class, you must mail a written request for exclusion so that it is received by May 12, 2023, in accordance with the instructions set forth in the Notice. If you are a Class Member and do not exclude yourself from the Class, you will be bound by any judgment entered by the Court in this Action (including the releases provided for therein) whether or not you submit a Proof of Claim Form. If you submit a written request for exclusion, you will have no right to recover money pursuant to the Settlement.

Any objection to the proposed Settlement, the Plan of Allocation, or the fee and expense application must be filed with the Court no later than May 12, 2023.

PLEASE DO NOT CONTACT THE COURT, THE CLERK’S OFFICE, DEFENDANTS, OR DEFENDANTS’ COUNSEL REGARDING THIS NOTICE. If you have any questions about the Settlement, or your eligibility to participate in the Settlement, you may contact Lead Counsel at the following address or by calling 1-800-449-4900:

ROBBINS GELLER RUDMAN

& DOWD LLP

ELLEN GUSIKOFF STEWART

655 West Broadway, Suite 1900

San Diego, CA 92101

[e-mail]

DATED: January 20, 2023

BY ORDER OF THE COURT UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA