Core 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 during a specified class period [2][4]. 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 [4]. - 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 [5]. - The company downplayed the effects of increased competition, which later contributed to disappointing financial results [6]. Group 2: Financial Performance and Stock Price Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and announcing the CEO's resignation, leading to a stock price decline of over 16.5% [6][7]. - The company continued to report weak financial results in Q2 2025, with a further reduction in guidance, resulting in a stock price drop of more than 15% [6][8]. - In Q3 2025, Avantor reported a net loss of $712 million and -5% organic revenue growth, attributed to competitive pressures, causing a stock price decline of over 23% [8].
AVTR DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Avantor