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Baxter International, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – BAX
Globenewswire· 2025-11-14 21:00
Core Viewpoint - A class action securities lawsuit has been filed against Baxter International, Inc. due to alleged securities fraud affecting investors between February 23, 2022, and July 30, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that Baxter's product, the Novum LVP, had systemic defects leading to malfunctions such as underinfusion, overinfusion, and non-delivery of fluids, posing serious risks to patients [2] - It is alleged that Baxter was aware of multiple device malfunctions, injuries, and deaths related to these defects [2] - Baxter's attempts to address these issues through customer alerts were deemed inadequate, as design flaws persisted and continued to harm patients [2] - The lawsuit suggests that there was an increased risk of customers being instructed to take Novum LVPs out of service and that Baxter would halt all new sales of these pumps [2] - Baxter's statements regarding the safety, efficacy, product rollout, customer feedback, and sales prospects of the Novum LVPs were claimed to be materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until December 15, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
Faruqi & Faruqi Reminds Baxter Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 15, 2025 - BAX
Prnewswire· 2025-11-14 14:49
Core Points - Baxter International Inc. is facing a federal securities class action lawsuit due to allegations of making false and misleading statements regarding the Novum LVP medical device, which reportedly suffered from systemic defects leading to serious patient risks [3][4] - The lawsuit claims that Baxter was aware of multiple malfunctions and injuries associated with the Novum LVP but failed to adequately address these issues, resulting in a significant drop in stock price following the announcement of a pause in shipments [4] Summary by Category Company Overview - Baxter International Inc. is a publicly traded company listed on the NYSE under the ticker BAX [3] Legal Issues - The complaint alleges that Baxter and its executives violated federal securities laws by failing to disclose critical information about the Novum LVP, including systemic defects that caused malfunctions such as underinfusion and overinfusion [3] - Baxter's attempts to mitigate these issues through customer alerts were deemed inadequate, leading to a heightened risk of product recalls and a complete halt in new sales [3] Stock Performance - Following the announcement on July 31, 2025, regarding the voluntary pause of Novum LVP shipments, Baxter's stock price fell by 22.4%, closing at $21.76 [4] Class Action Details - The deadline for investors to seek the role of lead plaintiff in the class action is December 15, 2025 [1] - Faruqi & Faruqi, LLP is encouraging investors who suffered losses to contact them for legal options [1][5]
Baxter International, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before December 15, 2025 to Discuss Your Rights - BAX
Prnewswire· 2025-11-14 14:00
Core Viewpoint - A class action securities lawsuit has been filed against Baxter International, Inc. due to alleged securities fraud affecting investors between February 23, 2022, and July 30, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit claims that Baxter's product, the Novum LVP, had systemic defects leading to malfunctions such as underinfusion, overinfusion, and non-delivery of fluids, posing serious risks to patients [3]. - It is alleged that Baxter was aware of multiple device malfunctions, injuries, and deaths related to these defects [3]. - Baxter's attempts to address these issues through customer alerts were deemed inadequate, as design flaws persisted and continued to harm patients [3]. - The lawsuit suggests that there was an increased risk of customers being instructed to take existing Novum LVPs out of service and that Baxter would halt all new sales of these pumps [3]. - Baxter's statements regarding the safety, efficacy, product rollout, customer feedback, and sales prospects of the Novum LVPs were claimed to be materially false and misleading [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until December 15, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
Argus Research Downgrades Baxter International Inc. (BAX)’s Rating To Hold Following Dividend Cut
Insider Monkey· 2025-11-14 10:10
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI [3][7] - This company is characterized as a "toll booth" operator in the AI energy boom, benefiting from the surge in demand for electricity driven by AI advancements [4][5] Market Position - The company is noted for its unique position in the market, being debt-free and holding a significant cash reserve, which is nearly one-third of its market capitalization [8] - It also has a substantial equity stake in another AI-related company, providing investors with indirect exposure to multiple growth engines in the AI sector [9][10] Future Trends - The article discusses the broader trends of onshoring and U.S. LNG exports, positioning the company as a beneficiary of these developments under the current political climate [6][14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI-related companies [12] Conclusion - The narrative emphasizes the potential for significant returns on investment, suggesting that the company could see a 100% return within 12 to 24 months due to its strategic positioning in the AI and energy markets [15][19]
ROSEN, A RANKED AND LEADING FIRM, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BAX
Newsfile· 2025-11-14 00:51
Core Viewpoint - Rosen Law Firm is encouraging investors of Baxter International Inc. to secure legal counsel before the December 15, 2025 deadline for a securities class action related to the company's stock performance during the specified class period [2][3]. Group 1: Class Action Details - Investors who purchased Baxter common stock between February 23, 2022, and July 30, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - The lawsuit alleges that Baxter misled investors by failing to disclose systemic defects in the Novum IQ Large Volume Pump, which led to serious risks for patients, including malfunctions and potential injuries or deaths [6]. - The lawsuit claims that Baxter's attempts to address these defects were inadequate, and as a result, there was a heightened risk of customers removing the Novum LVPs from service and halting new sales [6]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5]. - Rosen Law Firm has a history of successful settlements in securities class actions, including a record settlement against a Chinese company and significant recoveries for investors in previous years [5]. - The firm has been recognized for its achievements in the field, including being ranked No. 1 for securities class action settlements in 2017 and securing over $438 million for investors in 2019 [5].
Class Action Lawsuit Filed: Baxter International, Inc. (BAX) - Join by December 15, 2025 - Contact Levi & Korsinsky
Newsfile· 2025-11-13 13:19
Core Viewpoint - A class action securities lawsuit has been filed against Baxter International, Inc. due to alleged securities fraud affecting shareholders between February 23, 2022, and July 30, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit claims that Baxter's Novum LVP product had systemic defects leading to malfunctions such as underinfusion, overinfusion, and non-delivery of fluids, posing serious risks to patients [3]. - It is alleged that Baxter was aware of multiple device malfunctions, injuries, and deaths related to these defects [3]. - Baxter's attempts to address these issues through customer alerts were deemed inadequate, as design flaws persisted and continued to harm patients [3]. - The lawsuit suggests that there was an increased risk of customers being instructed to take Novum LVPs out of service and that Baxter would halt all new sales of these pumps [3]. - Baxter's statements regarding the safety, efficacy, product rollout, customer feedback, and sales prospects of the Novum LVPs were claimed to be materially false and misleading [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders [5]. - The firm has over 20 years of experience and has been consistently ranked among the top securities litigation firms in the United States [5].
Greenhaven Bets Over $143 Million on a Turnaround at Medical Devices Leader Baxter
The Motley Fool· 2025-11-12 02:27
Core Insights - Greenhaven Associates disclosed a new position in Baxter International, acquiring approximately 6,288,349 shares for about $143.19 million, representing 2.77% of its $5.17 billion in reportable equity holdings as of September 30, 2025 [2][3][8] Company Overview - Baxter International offers a diversified portfolio of healthcare products, including dialysis therapies, infusion systems, injectable drugs, anesthesia, surgical devices, and connected care technologies, serving healthcare providers in approximately 100 countries [4][5] - The company generates revenue primarily through the sale of medical devices, pharmaceuticals, and related services [4] Financial Performance - As of November 3, 2025, Baxter's stock was priced at $18.21, down 49.1% over the past year, significantly underperforming the S&P 500 by 67.93 percentage points [3] - Baxter's revenue for the trailing twelve months (TTM) is $11.02 billion, with a net income of -$341 million, and a dividend yield of 3.78% [3] Investment Context - Baxter's stock has declined by 78.14% over the last five years, while the S&P 500 index has gained 91.37% during the same period [7] - Greenhaven's investment may indicate growing confidence in a potential turnaround under new CEO Andrew Hider, who is focusing on strengthening the balance sheet and targeting a three-times net leverage by the end of 2026 [8] - The company is also reducing dividends to save over $300 million in annual cash flow, which could improve investor sentiment if successful [8] Market Valuation - Baxter is currently trading at 9.3 times forward earnings, which is considered reasonable in the current overheated market [9]
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BAX
Newsfile· 2025-11-12 00:41
Core Viewpoint - Rosen Law Firm is urging investors of Baxter International Inc. to secure legal counsel before the December 15, 2025 deadline for a securities class action related to stock purchases made between February 23, 2022, and July 30, 2025 [2][3]. Group 1: Class Action Details - Investors who purchased Baxter common stock during the specified Class Period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [3]. - The lawsuit alleges that Baxter misled investors by failing to disclose systemic defects in the Novum IQ Large Volume Pump, which led to serious risks for patients, including malfunctions that could result in underinfusion, overinfusion, or non-delivery of fluids [6]. - Baxter was reportedly aware of multiple device malfunctions and injuries but did not take adequate remedial measures, leading to a heightened risk of product recalls and halting new sales [6]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5]. - The Rosen Law Firm has a history of successful settlements in securities class actions, having recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [5].
UPCOMING DEADLINE: Faruqi & Faruqi Reminds Baxter International Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 15, 2025 - BAX
Newsfile· 2025-11-12 00:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Baxter International Inc. regarding a federal securities class action lawsuit, with a lead plaintiff deadline set for December 15, 2025 [2][5]. Group 1: Legal Action and Deadlines - Investors who suffered losses in Baxter between February 23, 2022, and July 30, 2025, are encouraged to contact the law firm to discuss their legal rights [1][2]. - The deadline for seeking the role of lead plaintiff in the class action lawsuit is December 15, 2025 [2]. Group 2: Allegations Against Baxter - The complaint alleges that Baxter and its executives violated federal securities laws by making false or misleading statements regarding the Novum LVP, which suffered systemic defects leading to serious patient risks [5]. - Specific allegations include that Baxter was aware of multiple device malfunctions and injuries but failed to adequately address these issues, resulting in a heightened risk of product recalls and sales pauses [5]. Group 3: Impact on Stock Performance - The true extent of the alleged fraud was revealed on July 31, 2025, when Baxter announced a voluntary pause on shipments and installations of the Novum LVP, causing the stock to drop by 22.4%, closing at $21.76 [6].
ROSEN, A LEADING LAW FIRM, Encourages Baxter International Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BAX
Globenewswire· 2025-11-11 21:45
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Baxter International Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Baxter common stock between February 23, 2022, and July 30, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors must act before the December 15, 2025 deadline to serve as lead plaintiff, representing other class members in the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Baxter misled investors by failing to disclose systemic defects in the Novum IQ Large Volume Pump, which led to malfunctions and posed serious risks to patients [5]. - Specific claims include that Baxter was aware of multiple device malfunctions and injuries but did not take adequate remedial measures, leading to a heightened risk of product recalls and halting new sales [5]. - The lawsuit asserts that Baxter's statements regarding the safety and efficacy of the Novum LVPs were materially false and misleading, resulting in investor damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, including a notable settlement against a Chinese company and ranking highly in the number of settlements achieved [4].