ICON SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against ICON plc - ICLR

Core Viewpoint - ClaimsFiler is reminding investors of the deadline to file lead plaintiff applications in securities class action lawsuits against ICON plc, with the class period defined as between July 27, 2023, and January 13, 2025 [1] Company Financial Performance - On October 23, 2024, ICON plc reported 3Q 2024 revenues of $2.03 billion, which was a revenue shortfall of over$100 million compared to consensus estimates of $2.13 billion [3] - The company experienced a decline in quarterly net new business wins to$2.3 billion and a decrease in the book-to-bill ratio from 1.22 to 1.15 due to cost containment measures by customers [3] - Following the financial results announcement, ICON's share price dropped from $280.76 on October 23, 2024, to$220.47 on October 25, 2024 [3] - On January 14, 2025, ICON disclosed financial guidance for 2025 that was below analysts' expectations, citing cautious spending from biopharma customers and challenges from its top two customers [3] - This announcement led to a further decline in share price from $217.99 on January 13, 2025, to$200.24 on January 14, 2025 [3] Legal Proceedings - The first-filed case against ICON plc is Shing v. ICON plc, No. 25-cv-00763, with a subsequent case updating the class period being Police and Fire Retirement System of the City of Detroit v. ICON plc, No. 25-cv-1807 [4]