Kahn Swick & Foti, LLC Continues to Seek Lead Plaintiffs for Viatris Securities Class Action
The law firm Kahn Swick & Foti, LLC (KSF), led by former Attorney General of Louisiana Charles C. Foti, Jr., is currently seeking to recruit lead plaintiffs for a pending securities fraud class action against Viatris Inc. (NasdaqGS: VTRS). This announcement serves as a crucial reminder to investors who have incurred significant financial losses exceeding $100,000 while investing in Viatris securities between August 8, 2024, and February 26, 2025. The deadline to file applications for lead plaintiff status is June 3, 2025, emphasizing the urgency of the situation for affected investors who wish to take action.
Important Details About the Class Action
The lawsuit alleges that Viatris and certain executives failed to disclose critical information during the specified class period, thus violating federal securities laws. On February 27, 2025, the company released its financial results for the fourth quarter and the entire fiscal year of 2024. The announcement was accompanied by disappointing projections for fiscal 2025 due to anticipated financial repercussions linked to issues with their Indore facility and an import alert. Following this revelation, Viatris’ share price dropped significantly, from $11.24 to $9.53 per share, reflecting the financial impact on investors.
Serving as a Lead Plaintiff
Investors who suffered substantial losses now have the opportunity to play a vital role in the litigation process. Being appointed as a lead plaintiff empowers them to choose lead counsel, influence litigation strategy, and participate actively in settlement discussions. This role ensures that the interests of fellow investors are adequately represented as the case unfolds.
Those who acquired shares of Viatris during the stated class period and are interested in pursuing legal recourse for their losses are advised to initiate contact with KSF. Interested parties can reach out to KSF Managing Partner Lewis Kahn by calling 1-877-515-1850 at no cost, or by emailing
email protected]. For further details on the class action, you may visit [Kahn Swick's case page.
About Kahn Swick & Foti, LLC
KSF is recognized as one of the premier boutique securities litigation law firms in the United States. The firm has a significant track record, having been ranked among the top 10 law firms nationally by SCAS for total settlement value in the previous year. Its clientele includes both public and private institutional investors as well as retail investors, all of whom seek recoveries for losses resulting from fraudulent activities perpetrated by publicly traded companies. KSF operates across various states, including New York, California, and Louisiana, alongside a representative office in Luxembourg.
Conclusion
The opportunity to serve as a lead plaintiff in the Viatris class action is a time-sensitive matter. Investors who believe they qualify based on their financial losses during the class period should act quickly to ensure their rights are protected and take steps towards potentially recovering damages incurred due to the alleged fraudulent activities at Viatris. You have the chance to actively shape the litigation and help hold the company accountable for its actions.
For more information on Kahn Swick & Foti, visit their
official website.