Avantor(US:AVTR) Prnewswireยท2025-11-08 06:12Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Avantor, Inc. for allegedly misleading investors regarding its competitive positioning and financial performance during a specified period [1][3]. Group 1: Allegations Against Avantor - The complaint alleges that Avantor and its executives violated federal securities laws by making false or misleading statements about the company's competitive position and the impact of increased competition [3]. - Specific claims include that Avantor's competitive positioning was weaker than publicly represented, and that the company was negatively affected by increased competition [3][4]. Group 2: Financial Performance and Stock Impact - During the class period, Avantor misled investors about its competitive positioning, which was highlighted during an earnings call on July 26, 2024, where executives assured investors of the company's strong competitive stance [4]. - The company's disappointing financial results began to surface on April 25, 2025, when it reported weak first-quarter results and cut its guidance for 2025, leading to a stock price decline of over 16.5% [5]. - Further financial struggles were reported on August 1, 2025, with a year-over-year decrease in net sales and a revised guidance projecting organic revenue growth of -2% to 0%, resulting in a stock price drop of more than 15% [6]. - On October 29, 2025, Avantor reported a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million, attributed to competitive pressures, causing the stock price to decline by over 23% [7].