Avantor(US:AVTR) Prnewswireยท2025-11-01 13:02Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Avantor, Inc. due to allegations of misleading statements regarding the company's competitive positioning and financial performance, which have led to significant investor losses [2][3]. Group 1: Allegations and Misleading Statements - The complaint alleges that Avantor and its executives violated federal securities laws by making false and misleading statements about the company's competitive positioning and failing to disclose the negative impacts of increased competition [3]. - During an earnings call on July 26, 2024, the then-CEO Michael Stubblefield assured investors of Avantor's strong competitive position, despite evidence to the contrary [4]. Group 2: Financial Performance and Stock Price Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and announcing the CEO's resignation, which led to a stock price decline of over 16.5% [5]. - The company continued to report weak financial results, including a net loss of $712 million in Q3 2025, attributed to competitive pressures, resulting in a further stock price drop of over 23% [7][8].