Viatris Inc
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Health Care : Pharmaceuticals | Mid Cap Value
Company profile

Viatris Inc. is a global healthcare company. The Company has four segments: Developed Markets, Greater China, JANZ and Emerging Markets. Developed Markets segment comprises its operations primarily in North America and Europe. Greater China segment includes its operations in China, Taiwan and Hong Kong. JANZ segment reflects its operations in Japan, Australia and New Zealand. Emerging Markets segment encompasses its presence in approximately 125 countries with developing markets and emerging economies including in Asia, Africa, Eastern Europe, Latin America and the Middle East, as well as its anti-retroviral franchise. Its portfolio comprises approximately 1,400 approved molecules across a range of key therapeutic areas, including globally recognized iconic and key brands, generics, complex generics, and biosimilars. It operates approximately 40 manufacturing sites worldwide, which produces oral solid doses, injectables, complex dosage forms and active pharmaceutical ingredients.

Premarket

Last Trade
Delayed
$11.24
0.13 (1.17%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$11.11
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
1,054

10-day average volume:
14,610,516
1,054

VLTA SHAREHOLDER ALERT: Jakubowitz Law Reminds Volta Shareholders of a Lead Plaintiff Deadline of May 31, 2022

5:45 am ET May 27, 2022 (PR Newswire) Print

Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Volta Inc. (NYSE: VLTA).

To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/volta-inc-loss-submission-form/?id=27750&from=4

The lawsuit seeks to recover losses for shareholders who purchased Volta between August 2, 2021 and March 28, 2022.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 31, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Volta Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: JAKUBOWITZ LAW1140 Avenue of the Americas9th FloorNew York, New York 10036T: (212) 867-4490F: (212) 537-5887

https://c212.net/c/img/favicon.png?sn=NY71017&sd=2022-05-27

View original content:https://www.prnewswire.com/news-releases/vlta-shareholder-alert-jakubowitz-law-reminds-volta-shareholders-of-a-lead-plaintiff-deadline-of-may-31-2022-301556221.html

SOURCE Jakubowitz Law

https://rt.prnewswire.com/rt.gif?NewsItemId=NY71017&Transmission_Id=202205270545PR_NEWS_USPR_____NY71017&DateId=20220527

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COMTEX_407836083/1005/2022-05-27T05:45:12

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