Avantor(US:AVTR) Businesswire·2025-11-06 17:51Core Viewpoint - A securities fraud class action lawsuit has been filed against Avantor, Inc. for allegedly misleading investors regarding the company's competitive position and financial performance during the specified class period from March 5, 2024, to October 28, 2025 [1][7]. Financial Performance - On April 25, 2025, Avantor reported first quarter results that missed consensus estimates and reduced guidance for the remainder of 2025, citing increased competitive intensity [2]. - Following this announcement, Avantor's stock price dropped by $2.57, or 16.6%, closing at $12.93 per share [3]. - On August 1, 2025, the company again missed estimates in its second quarter results, revealing a year-over-year decrease in net sales and further reducing its 2025 guidance [3]. - This led to a further decline in stock price by $2.08, or 15.5%, closing at $11.36 per share [4]. - On October 29, 2025, Avantor disclosed disappointing third quarter results, including a -5% organic revenue growth and a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million [5]. - The stock price fell by $3.50, or 23.2%, closing at $11.58 per share following this announcement [6]. Allegations in the Lawsuit - The lawsuit alleges that throughout the class period, Avantor's management made materially false and misleading statements and failed to disclose adverse facts about the company's business and competitive position [7][8]. - Specifically, it is claimed that the company did not adequately represent its competitive positioning and the negative impacts of increased competition on its operations [7].