Avantor(US:AVTR) Newsfile·2025-12-13 13:08Core Viewpoint - Avantor, Inc. is facing a federal securities class action lawsuit due to allegations of misleading investors about its competitive position and the impact of increased competition on its business performance [2][4]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Avantor and its executives violated federal securities laws by making false or misleading statements regarding the company's competitive positioning and the effects of competition [4]. - During an earnings call on July 26, 2024, the then-CEO Michael Stubblefield assured investors of Avantor's strong competitive position, despite evidence to the contrary [5]. - The complaint highlights that the company downplayed the negative effects of increased competition, which ultimately misled investors about its business prospects [5]. Group 2: Financial Performance and Stock Price Impact - On April 25, 2025, Avantor reported disappointing Q1 2025 results, cutting its guidance and announcing Stubblefield's resignation, leading to a stock price drop of $2.57 (over 16.5%) [6]. - The company further reported weak Q2 2025 results 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%, causing a stock decline of $2.08 (over 15%) [7][8]. - In Q3 2025, Avantor reported a net loss of $712 million and -5% organic revenue growth, attributed to competitive pressures, resulting in a stock price drop of $3.50 (over 23%) [9][10].