Viatris shareholder alert issued by former Louisiana Attorney General

A lawsuit has been filed against Viatris Inc. by Kahn Swick & Foti, LLC (KSF) in New York and New Orleans. The class action lawsuit alleges that Viatris Inc. violated federal securities laws by misrepresenting and failing to disclose negative information about its business operations.

According to the lawsuit, Viatris Inc. made false and misleading statements regarding the company’s merger with Mylan N.V., which created Viatris Inc. The lawsuit claims that Viatris Inc. failed to disclose the impact of the merger on the company’s business and financial results, leading to artificially inflated stock prices.

The lawsuit also alleges that Viatris Inc. failed to disclose the impact of a global supply chain disruption on its business operations. The company allegedly downplayed the negative impact of the supply chain disruption on its financial results, leading investors to believe that the company’s operations were not significantly affected.

Investors who purchased Viatris Inc. stock between August 4, 2021, and May 5, 2022, may be eligible to join the class action lawsuit. The lawsuit seeks to recover damages on behalf of investors who suffered losses due to Viatris Inc.’s alleged violations of federal securities laws.

Investors who wish to join the class action lawsuit are encouraged to contact KSF for more information. KSF is a law firm with extensive experience in securities litigation and has a track record of successfully representing investors in similar lawsuits. The firm is dedicated to holding companies accountable for their actions and recovering losses on behalf of investors who have been harmed by securities fraud.

The lawsuit against Viatris Inc. highlights the importance of transparency and accountability in the corporate world. Investors rely on accurate and timely information to make informed decisions about their investments. When companies fail to disclose material information that could impact their financial results, investors are left vulnerable to financial losses.

Overall, the class action lawsuit against Viatris Inc. serves as a reminder to investors to conduct thorough due diligence before investing in any company. By staying informed and seeking out reputable legal counsel when needed, investors can protect themselves from falling victim to securities fraud and other deceptive practices in the market.