Pegasystems reaches settlement in shareholder derivative suits, agrees to $7 million special dividend
PEGA•Special dividend details
Dividend payable Sept. 16, 2026 to holders of record Aug. 17, 2026; certain shareholders excluded under the settlement.
Settlement and governance reforms
Pegasystems settled consolidated shareholder derivative lawsuits, agreeing to governance reforms and a USD 7 million special cash dividend.
Cases: Dwyer et al. v. Trefler et al. in Massachusetts Superior Court; Larkin et al. v. Trefler et al. in U.S. District Court, Massachusetts.
Litigation dismissed with prejudice; appeal period expired July 25, 2026.
