#United States #New York #Class Action #Kahn Swick #Viatris

Viatris Shareholder Alert: Important Updates for Investors

Kahn Swick & Foti, LLC, a respected law firm specializing in securities litigation, has issued an alert to investors regarding potential legal actions against Viatris Inc. This alert comes from Charles C. Foti, Jr., the former Attorney General of Louisiana and current partner at Kahn Swick & Foti. The firm is reminding all investors who suffered losses exceeding $100,000 while purchasing Viatris securities between August 8, 2024, and February 26, 2025 (referred to as the “Class Period”) to consider their legal options promptly.

Key Deadline Approaches

The reminder highlights a critical deadline for investors: applications to become lead plaintiffs must be filed by June 3, 2025. This legal measure is crucial for those looking to recover losses resulting from the alleged misconduct of Viatris and its executives during the stated period. The pending class action is located in the United States District Court for the Western District of Pennsylvania.

Background of the Lawsuit

The crux of the lawsuit revolves around accusations that Viatris and certain executives failed to disclose essential information to investors, thus violating federal securities laws. On February 27, 2025, the company released its financial results for Q4 and the entire fiscal year 2024. This updating also included disappointing guidance for fiscal 2025, attributed primarily to anticipated financial impacts stemming from regulatory issues involving the Indore facility, along with an import alert.

The market reacted negatively to these disclosures; Viatris' stock, priced at $11.24 per share on February 26, fell sharply to $9.53 per share the following day, highlighting the volatility and investor sentiment shift due to the news. Investors are now recognizing that they might have legal recourse due to the perceived misrepresentation and lack of transparency from the company.

What Investors Should Do

Investors who purchased Viatris shares during the Class Period and are interested in understanding their legal rights can reach out to Kahn Swick & Foti without any obligation. Communication options include calling KSF Managing Partner Lewis Kahn at 1-877-515-1850 or sending an email to info@ksfcounsel.com. Interested parties can also visit the dedicated webpage here to gather comprehensive information about the class action and its implications.

If investors aspire to take on the role of lead plaintiff, it is crucial that they file their petitions with the court before the June 3 deadline to secure their position for potential compensation from the ongoing lawsuit.

About Kahn Swick & Foti, LLC

Founded by legal experts including Charles C. Foti, Jr., Kahn Swick & Foti operates as one of the premier firms in the area of securities litigation, representing a diverse range of clients from institutional investors to retail traders. Their track record of success is underscored by a recent ranking among the nation’s top 10 firms based on total settlement value from legal cases, showcasing their effectiveness in securing compensations for clients facing corporate fraud and other financial malfeasances.

Conclusion

The upcoming class action against Viatris presents a significant opportunity for affected investors to seek justice and recover their financial losses. With the deadline fast approaching, proactive steps must be taken. Investors are encouraged to assess their options carefully and seek legal advice to enhance their chances for a favorable outcome in this developing situation.