Viatris Shareholder Alert
Important Announcement for Investors
Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., is reaching out to shareholders of Viatris Inc. who may have sustained substantial financial losses. If you bought securities of Viatris between August 8, 2024, and February 26, 2025, you might be eligible to participate in a class action lawsuit against the company. The deadline to file for lead plaintiff status is approaching fast on June 3, 2025.
Overview of the Lawsuit
The lawsuit alleges that Viatris and some of its executives failed to disclose crucial information during the specified class period. These omissions potentially violated federal securities laws, leading to hefty financial repercussions for investors.
On February 27, 2025, Viatris disclosed disappointing financial results for the fourth quarter and the entire fiscal year of 2024. The company attributed their negative outlook for fiscal year 2025 to expected financial impacts from a warning letter regarding their Indore facility, as well as an import alert. This announcement triggered a significant drop in the stock price, plummeting from $11.24 on February 26 to $9.53 the following day.
What You Can Do
If you are among the investors who suffered losses exceeding $100,000 due to these developments, there are actions you can take to protect your interests. KSF invites you to discuss your legal rights regarding this case without any obligation on your part. You can reach out to KSF's Managing Partner Lewis Kahn toll-free at 1-877-515-1850, or you may email
info@ksfcounsel.com. Additionally, more information is available on their website at
www.ksfcounsel.com/cases/nasdaqgs-vtrs.
Why Participate as a Lead Plaintiff?
By serving as a lead plaintiff, you can take a proactive role in the class action process. This role is crucial in ensuring that the interests of all affected investors are adequately represented. However, you must formally petition the Court for this position by the June deadline to be considered.
About Kahn Swick & Foti
With a solid reputation in the sphere of securities litigation, Kahn Swick & Foti, LLC has been recognized as one of the leading boutique law firms in the field. The firm caters to a variety of clients, from retail investors to large institutional entities, aiming to recover losses stemming from corporate misconduct. KSF maintains offices across multiple states, including New York, Louisiana, California, and Chicago, and also has a representative office in Luxembourg.
KSF has successfully achieved top rankings among similar firms based on total settlement value, underscoring their expertise and commitment to investor rights.
Conclusion
This alert serves as a reminder for Viatris investors to take timely action regarding the ongoing class action lawsuit. The approaching deadline necessitates that shareholders evaluate their options promptly. Whether through direct communication with KSF or participation as a lead plaintiff, it is essential to explore your rights in the face of substantial losses due to potential market discrepancies.
For further assistance, don’t hesitate to reach out to KSF professionals who are dedicated to advocating for investor recovery. The firm is aiming to provide a path forward for shareholders who have faced challenges during this turbulent period for Viatris Inc.