#USA #New York #Class Action #Gross Law Firm #Baxter International

Baxter International Shareholders Urged to Act Amid Class Action Lawsuit Notification

Notice to Baxter International, Inc. Shareholders

The Gross Law Firm, a prominent class action law firm, has announced important information regarding a class action lawsuit concerning Baxter International, Inc. (NYSE: BAX). Shareholders who acquired shares during a specified class period are encouraged to come forward. This notification serves as a vital call to action amid serious allegations against the company

Class Period Details

The critical class period for this lawsuit is defined as from February 23, 2022, to July 30, 2025. Those who purchased shares of Baxter within this timeframe may have the opportunity to participate in potential recovery from the lawsuit.

Allegations Against Baxter

The class action claims that during the class period, Baxter did not adequately disclose severe defects associated with its recently launched product, called the Novum LVP. Key allegations include:
1. Systemic Defects: The Novum LVP reportedly suffered from major issues such as underinfusion, overinfusion, and even complete non-delivery of fluids, which posed serious risks to patient safety.
2. Failure to Disclose: Baxter allegedly was aware of multiple malfunctions of the device, which led to injuries and fatalities due to these defects. It is claimed that the company didn’t take sufficient action to rectify the situation through customer alerts, even though design flaws persisted.
3. Misleading Statements: As a result of these issues, Baxter’s communications about the safety and efficacy of Novum LVP were significantly misleading, including concerning sales prospectives and customer feedback.

Important Deadlines

Shareholders interested in potentially participating in this legal action must register without delay. The deadline for seeking lead plaintiff status is set for December 15, 2025. It is encouraged that those who purchased shares during the specified period engage promptly with the firm for enrollment in the monitoring process.

What’s Next for Shareholders

Once registered, participants will gain access to a monitoring software tool to keep them informed about the developments and status of the class action throughout its progression. The Gross Law Firm emphasizes that engaging in this case carries no cost or obligation for shareholders, making it a viable option for those affected.

About The Gross Law Firm

The Gross Law Firm is committed to upholding investor rights and redressing losses caused by corporate misconduct, fraud, and deceit. Their functionality as a class action law firm centers around ensuring corporations act responsibly and engage in ethical business practices.

If you believe you are eligible as a shareholder in this class action, contact The Gross Law Firm for more details about how to proceed. Full participation is crucial for those affected to protect their rights.