Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lantheus Holdings, Inc. due to misleading statements regarding the competitive position of its product Pylarify, which led to significant financial losses for investors [4][6]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $75,000 in Lantheus between February 26, 2025, and August 5, 2025, to discuss their legal options [1]. - The firm has set a deadline of November 10, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Lantheus [4]. Group 2: Company Performance and Impact - The complaint alleges that Lantheus provided misleading statements about Pylarify's competitive position, which affected its pricing and growth potential [6]. - Investors began questioning Lantheus' public statements after the company reported first-quarter results below market expectations on May 7, 2025, particularly regarding Pylarify's performance [7]. - On August 6, 2025, Lantheus announced disappointing results and significantly reduced growth expectations for Pylarify, which had fallen 8.3% year-over-year, leading to a drastic cut in fiscal year 2025 growth projections [7]. - Following these revelations, Lantheus' stock price plummeted from $72.83 per share on August 5, 2025, to $51.87 per share on August 6, 2025, marking a decline of approximately 28.8% in one day [8].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lantheus