Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of June 3, 2025 in Viatris Inc. Lawsuit - VTRS
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Levi & Korsinsky law firm is pursuing a class action securities lawsuit against Viatris Inc. (VTRS) alleging securities fraud between August 2024 and February 2025. The lawsuit centers on the company's alleged misrepresentation of an FDA warning letter for its Indore, India facility. Following the announcement of financial results and guidance impacted by the warning letter, Viatris' stock price dropped approximately 15.21% in a single day.
April 13, 2025 | 12:30 pm
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The class action lawsuit alleges Viatris misled investors about the impact of an FDA warning letter, potentially exposing the company to financial penalties and reputational risk.
The lawsuit directly targets Viatris, alleging securities fraud. The significant stock price drop and potential legal consequences suggest negative short-term impact.
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RELEVANCE 100