Avantor(US:AVTR) Prnewswire·2025-11-21 15:39Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Avantor, Inc. for allegedly misleading investors regarding the company's competitive positioning and financial performance during the specified class period [1][3]. Group 1: Allegations Against Avantor - 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 [3]. - Defendants are accused of downplaying the effects of competition, with the CEO previously assuring investors of the company's strong competitive standing during earnings calls [4]. Group 2: Financial Performance and Stock Impact - Investors became aware of the negative impact of competition on Avantor's business when the company reported disappointing Q1 2025 results, leading to a stock price decline of over 16.5% [5][6]. - Following further disappointing financial results in Q2 2025, including a projected organic revenue growth of -2% to 0%, the stock price fell by more than 15% [5][6]. - In Q3 2025, Avantor reported a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million, which was attributed to competitive pressures, resulting in a stock price drop of over 23% [7][8].