Important Information for Investors: Securities Class Action Lawsuit Against Viatris Inc.
On April 15, 2025, Kahn Swick & Foti, LLC (“KSF”) and former Attorney General of Louisiana, Charles C. Foti, Jr., announced that investors who purchased securities of Viatris Inc. (“Viatris” or “the Company”) between August 8, 2024 and February 26, 2025, inclusive (the “Class Period”), have until June 3, 2025 to file lead plaintiff applications in a securities class action lawsuit. The lawsuit is pending in the United States District Court for the Western District of Pennsylvania.
Background on the Lawsuit
The complaint alleges that during the Class Period, Viatris and certain of its executives and officers made false and misleading statements and failed to disclose material information about the Company’s business, operations, and financial condition. Specifically, the lawsuit alleges that the Company misrepresented and failed to disclose: (1) the Company’s financial condition and prospects; (2) the Company’s ability to execute its business strategy; and (3) the Company’s compliance with applicable laws and regulations.
Impact on Individual Investors
If you purchased Viatris securities during the Class Period and suffered financial losses, you may be eligible to recover your losses. As a lead plaintiff, you may have the opportunity to participate in the decision-making process and help shape the direction of the litigation. You may also be able to share in any potential recovery.
Impact on the World
The securities class action lawsuit against Viatris is significant as it raises important questions about the Company’s business practices and financial reporting. The lawsuit also highlights the importance of transparency and accuracy in financial reporting, which is crucial for maintaining investor confidence and trust in the capital markets.
Conclusion
Investors who purchased Viatris securities during the Class Period and suffered financial losses have until June 3, 2025 to file lead plaintiff applications in the securities class action lawsuit against the Company. The lawsuit alleges that Viatris made false and misleading statements and failed to disclose material information during the Class Period. The impact of this lawsuit extends beyond individual investors, as it raises important questions about the Company’s business practices and financial reporting, and underscores the importance of transparency and accuracy in financial reporting.
If you believe that you may be eligible to participate in the litigation, we encourage you to contact KSF as soon as possible. You may contact KSF toll-free at 1-877-515-1850 or email [email protected] for additional information.
- Visit KSF’s website for more information
- Contact KSF toll-free at 1-877-515-1850
- Email KSF at [email protected]
