Core Viewpoint - A class action lawsuit has been filed against Organon & Co. for alleged securities fraud and unlawful business practices, with a deadline for investors to join the lawsuit by July 22, 2025 [2]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Organon and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased or acquired Organon securities during the Class Period are advised to contact Pomerantz LLP to potentially become Lead Plaintiff [2]. Group 2: Financial Performance - On May 1, 2025, Organon reported a significant reduction in its dividend payout from 0.02, indicating a shift in capital allocation priorities to focus on deleveraging [4]. - Following the announcement of the dividend cut, Organon's stock price dropped by 9.45 per share on the same day [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Organon & Co. of Class Action Lawsuit and Upcoming Deadlines - OGN