Avantor(US:AVTR) Globenewswire·2025-12-29 18:08Core Viewpoint - A class action lawsuit has been filed against Avantor, Inc. for alleged misrepresentations regarding its competitive position and financial performance during the specified class period from March 5, 2024, to October 28, 2025 [2][7]. Allegation Details - The lawsuit claims that Avantor's management failed to disclose that the company's competitive positioning was weaker than publicly represented, and that it was facing negative impacts from increased competition [7]. - The complaint highlights that the company's financial results for Q3 2025 were disappointing, reporting a -5% organic revenue growth and a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million [7]. - The impairment charge was attributed to "competitive pressures" that significantly affected the company's margins, along with the loss of several large accounts [7]. Stock Performance Impact - Following the announcement of the weak financial results, Avantor's stock price fell by $3.50 per share, a decline of over 23%, from $15.08 on October 28, 2025, to $11.58 on October 29, 2025 [7].