NYSE: CTLT

Catalent, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Catalent, Inc. (NYSE: CTLT) between August 30, 2021 and October 31, 2022, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Catalent investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than April 25, 2023.

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

集体诉讼期:August 30, 2021 through October 31, 2022
If you purchased Catalent securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

案件详情:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that:

  • defendants materially overstated its revenue and earnings by prematurely recognizing revenue in violation of U.S. Generally Accepted Accounting Principles (“GAAP”);
  • the Company had material weaknesses in its internal control over financial reporting related to revenue recognition;
  • the Company falsely represented demand for its products while it knowingly sold more product to its direct customers than could be sold to healthcare providers and end consumers;
  • the Company disregarded regulatory rules at key production facilities in order to rapidly produce excess inventory that was used to pad the Company’s financial results through premature revenue recognition in violation of GAAP and/or stuffing its direct customers with this excess inventory.
  • as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company’s financial performance, outlook and regulatory compliance during the Class Period.

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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公司名称: Catalent, Inc.
股票代号: CTLT
集体诉讼期: August 30, 2021 through October 31, 2022
法院: United States District Court for the District of New Jersey

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