#United States #New York #Class Action #Levi & Korsinsky #Viatris

Important Notice for Viatris Investors

Levi & Korsinsky, LLP has issued an important notification to shareholders of Viatris Inc. about a significant upcoming class action lawsuit. This notice serves to remind investors that they have until June 3, 2025, to request the Court to appoint them as lead plaintiff if they suffered losses due to alleged securities fraud involving the company. Viatris trades on NASDAQ under the symbol VTRS.

Background of the Class Action

The lawsuit seeks to recover damages for Viatris investors who were impacted by alleged fraudulent activities between August 8, 2024, and February 26, 2025. The complaint highlights that the defendants are accused of misleading investors about a failed inspection at Viatris' facility in Indore, India. The suit claims that the company downplayed the serious nature of a warning letter issued by the FDA regarding the facility, referring to the situation as merely a "minor headwind."

In more detail, on February 27, 2025, just after revealing disappointing fiscal 2025 guidance—which was influenced heavily by the issues at the Indore facility—Viatrus experienced a dramatic drop in its stock price. Specifically, shares, which closed at $11.24 the day before, plummeted to $9.53, marking a staggering decline of 15.21% in a single trading session.

Next Steps for Investors

If you have incurred financial losses during the specified period, it is crucial to act quickly. You have until June 3, 2025, to make your voice heard in this matter. Importantly, being a lead plaintiff is not a requirement to recover funds; class members might still receive compensation irrespective of this role.

No Cost For Participation

Investors interested in participating in this class action should note that it entails no upfront costs. Interested individuals can potentially recover losses without incurring any out-of-pocket expenses. Participation is without obligation—if you are a class member, the possibility of compensation remains intact.

Why Choose Levi & Korsinsky?

The legal representation from Levi & Korsinsky brings over 20 years of experience securing substantial settlements for shareholders. The firm’s track record in handling complex securities litigation is well-established, boasting a dedicated team of over 70 professionals focused on serving the needs of investors. For seven consecutive years, they have been recognized in ISS Securities Class Action Services' Top 50 Report as one of America's leading securities litigation firms.

Contact Information

For further inquiries or to express interest in joining the class action, Viatris investors can reach out directly:

• - Joseph E. Levi, Esq.
• - Email: email protected]
• - Phone: (212) 363-7500
• - Address: Levi & Korsinsky, LLP, 33 Whitehall Street, 17th Floor, New York, NY 10004
• - Website: [zlk.com

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Viatris investors are encouraged to stay informed and proactive regarding this ongoing legal situation and to consider their options carefully before the looming deadline. By acting now, investors can help ensure their potential claims are recognized and addressed within the judicial framework of this case.