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Viatris Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. June 3, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-05-27 22:29
Core Viewpoint - A class action lawsuit has been filed against Viatris Inc. for allegedly misleading investors regarding the company's revenue and growth challenges, particularly related to a failed FDA inspection at its Indore facility [3][4]. Group 1: Class Action Details - The class action represents investors who purchased Viatris securities between August 8, 2024, and February 26, 2025, with a deadline of June 3, 2025, to file a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and complimentary case evaluations [2]. Group 2: Allegations Against Viatris - The lawsuit claims that Viatris downplayed the seriousness of the failed FDA inspection and its consequences, leading to a false impression of the company's stability [3]. - It is alleged that Viatris underestimated the impact of the FDA inspection failure, which resulted in significant setbacks, including ongoing remediation efforts and disruptions in manufacturing and shipping key products like Lenalidomide [4]. Group 3: Financial Impact - On February 27, 2025, Viatris reported disappointing fourth-quarter and full-year 2024 financial results, along with guidance for fiscal year 2025 that reflected the expected financial effects of the FDA warning letter [5]. - Following this announcement, Viatris' stock price experienced a decline of over 15% [5].
UnitedHealth Group Investors: Please contact the Portnoy Law Firm to recover your losses. July 7, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-05-13 21:59
Core Viewpoint - UnitedHealth Group is facing legal scrutiny due to allegations of improper denial of health coverage to enhance profitability, which has led to regulatory attention and public criticism [3]. Group 1: Company Overview - UnitedHealth Group operates as a health insurance and health care services provider [3]. - The company has been accused of pursuing a corporate strategy that improperly denies health coverage [3]. Group 2: Legal and Regulatory Issues - Investors have until July 7, 2025, to file a lead plaintiff motion related to the allegations against UnitedHealth [1]. - The Portnoy Law Firm is offering complimentary case evaluations for investors seeking to recover losses [2]. - Following public outcry, UnitedHealth has reportedly reduced its practice of denying health insurance claims, yet continues to affirm its previous financial guidance [4]. Group 3: Financial Impact - The allegations and subsequent public scrutiny have significant implications for UnitedHealth's reputation and financial performance, particularly in light of the CEO's death in December 2024 [3].