Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Merck & Co., Inc. regarding a class action lawsuit related to misleading statements about the company's expected revenue from Gardasil sales by 2030 [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Merck's management provided investors with optimistic forecasts, claiming expected revenue of 11 billion in sales, ceasing shipments of Gardasil to China to reduce inventory due to lower-than-expected demand [3]. - Following this announcement, Merck's stock price fell from 90.74 per share on February 4, 2025, marking a decline of over 9% in one day [3]. Next Steps for Shareholders - Shareholders who purchased shares of MRK during the specified class period are encouraged to register for the class action by April 14, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [4]. Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [5].
Shareholders of Merck & Co., Inc. Should Contact The Gross Law Firm Before April 14, 2025 to Discuss Your Rights – MRK