NASDAQ: VTRS

Viatris Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Viatris Inc. (NASDAQ: VTRS) between March 1, 2021 and February 25, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2023.

If you purchased Viatris common stock during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:March 1, 2021 through February 25, 2022
If you purchased Viatris common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Viatris was experiencing significantly more competition in its United States complex generics business than disclosed;
  • Viatris was not able to effectively manage its base business erosion or create a stable revenue base;
  • despite being one of 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;
  • Viatris was deviating from the business model it touted through the Class Period and undertaking a significant global reshaping of its business which would undermine its ability to
    achieve stable revenue growth;
  • Viatris was anticipating less financial growth moving into 2022; and
  • as a result of the foregoing, Viatris’ public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Viatris Inc.
Stock Symbol: VTRS
Class Period: March 1, 2021 through February 25, 2022
Court: United States District Court Western District of Pennsylvania

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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