Avantor(US:AVTR) Globenewswire·2025-11-04 17:28Core 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 [4][6]. 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 position and the impact of increased competition [6]. - During an earnings call on July 26, 2024, Avantor's then-CEO assured investors of the company's strong competitive position, despite evidence to the contrary [7]. - Defendants highlighted Avantor's digital capabilities as competitive advantages, which were later contradicted by the company's performance [7]. Group 2: Financial Performance and Stock Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and announcing the CEO's resignation, attributing the poor performance to increased competition [8]. - Following this announcement, Avantor's stock price fell by $2.57, or over 16.5%, from $15.50 to $12.93 per share [8]. - The company continued to report weak financial results, including a 5% decline in organic revenue growth and a net loss of $712 million in Q3 2025, leading to a further stock price drop of $3.50, or over 23% [10].