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News  ›  GlobeNewswire Inc.

BAX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Baxter International, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
BAX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Baxter International, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against Baxter International for allegedly misleading investors about systemic defects in their Novum LVP medical devices, which potentially exposed patients to serious injury risks.

Insights
CLS   positive

Mentioned as top holding with $82.49 million (11% of AUM), indicating continued investor confidence


BAX   negative

The lawsuit alleges multiple serious issues with their Novum LVP medical devices, including device malfunctions, potential patient injuries, inadequate remedial measures, and misleading investor communications about product safety and performance