Levi & Korsinsky Alerts Viatris Shareholders of Upcoming Lead Plaintiff Deadline on June 3, 2025

Viatris Inc. Class Action Lawsuit: Your Rights as an Investor

Levi & Korsinsky, LLP, a well-respected name in securities litigation, is calling attention to Viatris Inc. shareholders regarding an important upcoming date. As of April 11, 2025, investors should be aware that the deadline to file as a lead plaintiff in a class action lawsuit against Viatris is June 3, 2025. The class action lawsuit aims to support investors adversely affected by alleged securities fraud occurring between August 8, 2024, and February 26, 2025.

Understanding the Allegations

The lawsuit claims that Viatris and its executives misled investors about crucial operations concerning their facility in Indore, India. Specifically, it alleges that the official communications from the company minimized the significance of a warning letter issued by the FDA. Investors were reportedly informed that this letter represented only a minor challenge to the company's operations, which, according to the complaint, was misleading.

The situation escalated on February 27, 2025, when Viatris revealed disappointing financial results for the fourth quarter and the full fiscal year of 2024. The company attributed its lackluster fiscal guidance for 2025 to the financial implications of the FDA's warning letter and an associated import alert. Consequently, following this announcement, Viatris shares plummeted approximately 15.21% in a single day, dropping from $11.24 to $9.53 per share.

Your Options as a Shareholder

For investors who have experienced losses during the specified timeframe, it is critical to act swiftly. The law firm encourages affected shareholders to consider filing to be appointed as lead plaintiffs. While this designation allows you to guide the litigation process, compensation may still be available even if you choose not to take on this role.

It’s important to highlight there are no out-of-pocket costs for participating in this class action lawsuit. Legal fees will be covered out of any recoveries, ensuring that financial barriers do not hinder Viatris shareholders from seeking justice.

Why Choose Levi & Korsinsky?

Drawing on over two decades of experience, Levi & Korsinsky has a proven track record of achieving substantial recoveries for investors in complex securities cases. Their team, comprising more than 70 professionals, is dedicated to advocating for shareholder rights. For seven consecutive years, the firm has also ranked among the top securities litigation firms in the United States, as recognized in ISS Securities Class Action Services' Top 50 Report.

The firm is committed to keeping investors informed and ensuring that their rights are protected throughout this process. Those interested in learning more about the lawsuit can reach out to Joseph E. Levi, Esq. at (212) 363-7500 or submit inquiries through the links provided above.

Conclusion

If you are a Viatris investor impacted by the developments between August 2024 and February 2025, it’s crucial to stay informed and consider your options. Remember the deadline of June 3, 2025, to request your appointment as lead plaintiff. Don't miss the opportunity to ensure that your voice is heard as part of this significant legal action.