Core Viewpoint - Viatris Inc. is facing a securities class action lawsuit for failing to disclose material information during the Class Period, which has led to significant financial losses for investors [3]. Group 1: Lawsuit Details - Investors who purchased Viatris securities between August 8, 2024, and February 26, 2025, have until June 3, 2025, to file lead plaintiff applications [1]. - The lawsuit is pending in the United States District Court for the Western District of Pennsylvania [1]. - The case is identified as Quinn v. Viatris Inc., et al., No. 25-cv-466 [4]. Group 2: Financial Impact - On February 27, 2025, Viatris announced disappointing fiscal 2025 guidance, attributing it to the expected financial impact from an Indore facility warning letter and import alert [4]. - Following this announcement, Viatris' stock price dropped from 9.53 per share on February 27, 2025, indicating a significant loss in market value [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent boutique securities litigation law firm, is representing the investors in this case [5]. - The firm has a strong track record, being ranked among the top 10 firms nationally based on total settlement value [5].
VIATRIS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Viatris Inc. - VTRS