#United States #New York #Class Action #Inc. #Securities Fraud #Merck & Co.

Overview of the Class Action Against Merck & Co., Inc.

On March 12, 2025, news broke regarding a significant class action lawsuit against Merck & Co., Inc., known on the NYSE as MRK. The law firm Levi & Korsinsky, LLP announced a notification to investors concerning alleged securities fraud that impacted the company's shareholders. This lawsuit is particularly relevant to those who held shares between February 3, 2022, and February 3, 2025.

Details of the Class Action

The crux of the complaint stems from the information mismanagement regarding Merck's financial health and projections. Specifically, investors were assured of a promising $11 billion revenue projection from the company's Gardasil vaccine sales by the year 2030. However, communications from Merck suggested a high confidence level in their marketing strategies, particularly in China.

Yet, the truth was revealed on February 4, 2025, when Merck announced they would not meet their projected sales due to supply constraints, exacerbated by inadequate demand in the Chinese market. This announcement led to a sharp decline in Merck's stock price, dropping over 9% in just a single day—from $99.79 on February 3 to $90.74 on February 4.

Important Dates and Actions for Investors

For those affected, the deadline to join the class action as a lead plaintiff is set for April 14, 2025. However, participants in the class do not need to serve as lead plaintiff to qualify for compensation. It's crucial for investors who experienced losses during the specified timeline to act promptly, as participating in this class action could yield financial restitution without the need for out-of-pocket expenses. This means that even those who are hesitant do not face significant financial risk in exploring this opportunity.

Why Choose Levi & Korsinsky?

The law firm Levi & Korsinsky has established a reputable position in securities litigation over the past two decades. They have successfully represented numerous shareholders, securing substantial settlements amounting to hundreds of millions of dollars. This firm, recognized in the ISS Securities Class Action Services's Top 50 Report, boasts a dedicated team that specializes in complex securities cases, which assures potential class members that they are in expert hands.

How to Get Involved

Investors seeking to know more about their rights regarding this lawsuit can reach out via the contact channels provided by Levi & Korsinsky. Interested parties can find more information online, or directly contact attorneys Joseph E. Levi or Ed Korsinsky. Their commitment ensures a systematic approach for retaining clients and addressing their concerns regarding the lawsuit effectively.

For those affected by these developments and seeking potential compensation, the message is clear: act swiftly, gather necessary documents, and consider becoming part of this class action to recover losses. To ensure you do not miss any opportunities, contact Levi & Korsinsky today, as they offer the expertise needed and uphold a strong advocacy for investors seeking justice.

Contact Information

For more information, you can reach out to Levi & Korsinsky at:

• - Email: [email protected]
• - Phone: (212) 363-7500
• - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004

Staying informed and proactive is crucial as the upcoming deadline approaches, and understanding your rights can make a significant difference for investors impacted by this scandal.