BAX INVESTOR NOTICE: Faruqi & Faruqi, LLP Announces that Baxter Investors Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Baxter International Inc. is facing a class action lawsuit due to allegations of misleading statements regarding the safety and efficacy of its Novum LVP product, which reportedly suffered systemic defects leading to serious patient risks [6][8]. Group 1: Legal Proceedings - Faruqi & Faruqi, LLP is investigating potential claims against Baxter and has set a deadline of December 15, 2025, for investors to seek the role of lead plaintiff in the class action lawsuit [3]. - The lawsuit claims that Baxter and its executives violated federal securities laws by failing to disclose critical information about the Novum LVP's defects and the associated risks to patients [6]. Group 2: Product Issues - The Novum LVP was reported to have systemic defects causing malfunctions such as underinfusion, overinfusion, and complete non-delivery of fluids, which posed serious risks to patients [6]. - Baxter was allegedly aware of multiple device malfunctions, injuries, and deaths related to these defects but did not take adequate remedial measures [6]. Group 3: Market Impact - Following the announcement on July 31, 2025, regarding the voluntary pause of shipments and installations of the Novum LVP, Baxter's stock price fell by 22.4%, closing at $21.76 [8].