Investigation Launched into Baxter International's Board for Potential Fiduciary Breach
Investigation into Baxter International Inc.'s Board of Directors
In a significant move affecting shareholders, Berger Montague PC has initiated an investigation into Baxter International Inc. (NYSE: BAX) regarding potential breaches of fiduciary duties by the company's board of directors. The focus of this inquiry is centered on the marketing and sale of Baxter's Novum Large Volume Pump (Novum LVP), a device critical for the controlled delivery of intravenous fluids such as medications and nutrients.
Background of the Investigation
The investigation arose in light of Baxter's announcement in July 2025, where the company revealed that it would