Core Viewpoint - A securities class action lawsuit has been filed against Organon & Co. for allegedly misrepresenting its capital allocation priorities and significantly reducing its quarterly dividend [1][7]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the District of New Jersey [1]. - Investors who acquired Organon shares during the class period (October 31, 2024 – April 30, 2025) are encouraged to contact the law firm before the lead plaintiff motion deadline on July 22, 2025 [1][3][7]. Group 2: Allegations Against Organon - Organon is accused of concealing material information regarding its capital allocation priorities, particularly in relation to its quarterly dividend [7]. - The company publicly emphasized dividends as a top priority while internally shifting focus towards debt reduction [7]. - Following the acquisition of Dermavant Sciences Ltd., Organon drastically reduced its quarterly dividend by over 90% [7]. Group 3: Law Firm Background - Wolf Haldenstein Adler Freeman & Herz LLP has over 125 years of legal expertise in securities litigation and aims to protect the rights of investors [4].
Shareholders who lost money on Organon & Co. (NYSE: OGN). Should Contact Wolf Haldenstein