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Shareholders of Merck & Co., Inc. Should Contact Levi & Korsinsky Before April 14, 2025 to Discuss Your Rights – MRK
MRKMerck(MRK) GlobeNewswire News Room·2025-02-24 17:22

Core Viewpoint - A class action securities lawsuit has been filed against Merck & Co., Inc. due to alleged securities fraud impacting investors between February 3, 2022, and February 3, 2025 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by misleading information regarding Merck's expected revenue of 11billionfromGardasilsalesby2030[2]ThecomplainthighlightsthatMercksoptimisticforecastswerebasedonanticipatedconsumeractivationandeducationefforts,particularlyinChina[2]OnFebruary4,2025,Merckannounceditwouldnotmeetthe11 billion from Gardasil sales by 2030 [2] - The complaint highlights that Merck's optimistic forecasts were based on anticipated consumer activation and education efforts, particularly in China [2] - On February 4, 2025, Merck announced it would not meet the 11 billion sales target for Gardasil, citing a need to reduce inventory due to lower-than-expected demand in China, leading to a stock price drop of over 9% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff, although participation does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the United States [4]