Action Urged for Viatris Investors as Class Action Deadline Approaches

News Summary

Investors in Viatris Inc. are being urged to file for lead plaintiff status in a class action lawsuit before the June 3, 2025 deadline. The lawsuit claims that Viatris executives failed to disclose significant information during the specified period, leading to financial losses for investors. The case, filed in the Western District of Pennsylvania, follows disappointing financial results attributed to issues at Viatris’ Indore facility. A dedicated webpage and contact information for legal assistance have been made available to affected investors.

Pittsburgh, PA – Investors in Viatris Inc. are urged to take action as the deadline to file for lead plaintiff status in a class action lawsuit approaches. The law firm Kahn Swick & Foti, LLC (KSF) has announced that the cutoff date for investors to submit their applications is June 3, 2025. This lawsuit relates to individuals who purchased securities of Viatris between August 8, 2024, and February 26, 2025.

The case, known as Quinn v. Viatris Inc., et al., No. 25-cv-466, is currently pending in the United States District Court for the Western District of Pennsylvania. Investors who qualify to file as lead plaintiffs are those who have unfortunately experienced financial losses due to alleged misconduct by Viatris and certain executives of the company, who are accused of failing to disclose significant information during the specified Class Period.

Potential investors harmed by these omissions can seek additional information and guidance by contacting KSF Managing Partner Lewis Kahn through a toll-free number or via email. A dedicated webpage has also been set up for the lawsuit, providing resources and details for interested parties.

The legal action comes in the wake of Viatris’ disappointing financial results announced on February 27, 2025. The company attributed its underperformance to serious issues concerning its Indore facility, including a warning letter and an import alert. Following this announcement, the stock price of Viatris saw a drastic decline, plummeting from $11.24 per share on February 26, 2025, to $9.53 per share the following day.

Legal Background

Kahn Swick & Foti, a highly regarded firm in the field of securities litigation, is reaching out to investors given its extensive experience and track record. The firm is recognized as one of the top 10 securities litigation law firms nationally, based on the total settlement value it has achieved for its clients.

KSF is dedicated to advocating for both institutional and retail investors who have suffered financial losses stemming from corporate fraud or other forms of malfeasance. With offices across several states, including New York, Delaware, California, Louisiana, Chicago, New Jersey, and an international representative office in Luxembourg, KSF is well-positioned to provide assistance to investors across the country.

Filing Process

To file for lead plaintiff status, interested investors must meet the criteria set by the court and submit their applications by the June 3, 2025, deadline. This status allows a selected investor to represent the class, making critical decisions on how to proceed in the lawsuit, including settlements and strategies. It is essential for affected investors to act promptly to protect their interests in this unfolding legal battle.

For more detailed instructions on the filing process and to learn about any specific eligibility criteria, potential plaintiffs are encouraged to visit the dedicated webpage or reach out directly to Kahn Swick & Foti, LLC. With the clock ticking toward the deadline, timely action is crucial for those looking to join the lawsuit and seek potential recovery for their investment losses.

Deeper Dive: News & Info About This Topic

• GlobeNewswire: Viatris Shareholder Alert by Kahn Swick & Foti, LLC
• Wikipedia: Viatris
• GlobeNewswire: ClaimsFiler Reminds Investors in Viatris Inc.
• Google Search: Viatris Inc. lawsuit
• U.S. Securities and Exchange Commission
• Encyclopedia Britannica: Class Action Lawsuit