NEW
YORK, July 12, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of Viatris
Inc..
Shareholders who purchased shares of VTRS during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/viatris-inc-loss-submission-form/?id=41963&from=4
CLASS PERIOD: March 1, 2021
to February 25, 2022
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: i) the
Company was experiencing significantly more competition in its
United States complex generics
business than disclosed; (ii) the Company was not able to
effectively manage its base business erosion or create a stable
revenue base; (iii) despite being on the Company's only growth
drivers, Viatris was actively planning to divest its biosimilars
business in order to secure enough cash to let it purportedly meet
its phase one goals; (iv) Viatris was deviating from the business
model it touted throughout the Class Period and undertaking a
significant global reshaping of its business which would undermine
its ability to achieve stable revenue growth; and (v) the Company
was anticipating less financial growth moving into 2022.
DEADLINE: July 14, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/viatris-inc-loss-submission-form/?id=41963&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of VTRS during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is July 14, 2023. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm