Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Viatris Inc (VTRS) Class Action Lawsuit (May 2023)

Closed

24-2977 • May 12, 2023

Class Period Start

March 1, 2021

Class Period End

February 25, 2022

PSLRA Deadline

July 14, 2023

Case Allegations

10b5

Statutes of Repose

Mar 1, 2024

Country

United States

Court

Federal Court

Docket History

Oct 24, 2024

On Appeal

Sep 20, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Dec 22, 2023

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Oct 23, 2023

First Amended Complaint

A new complaint has been filed on behalf of certain investors in Viatris Inc. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Aug 28, 2023

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jun 15, 2023

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in Viatris Inc. The allegations and class definitions are substantively the same.

May 12, 2023

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in Viatris Inc.

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