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Viatris Deadline: VTRS Investors with Losses in Excess of $100K Have Opportunity to Lead Viatris Inc. Securities Fraud Lawsuit
VTRSViatris(VTRS) Prnewswire·2025-06-01 18:03

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Viatris Inc. securities between August 8, 2024, and February 26, 2025, of the June 3, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Viatris securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must move the Court by June 3, 2025 [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Background - The lawsuit alleges that during the Class Period, Viatris provided misleading information regarding the failed inspection of its Indore, India facility, including the issuance of an FDA warning letter that would prevent shipping eleven products [4] - Defendants allegedly made materially false statements and concealed adverse facts about the impact of the warning letter on Viatris' financials, leading to artificially inflated security prices [5] - The lawsuit claims that when the true details were revealed, investors suffered damages due to the inflated prices at which they purchased Viatris securities [5]