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Kirby McInerney LLP Reminds Baxter International, Inc. Investors of Class Action Filing and ...
- Labaton Keller Sucharow LLP has filed a class action lawsuit against Baxter International, Inc. on behalf of the Electrical Workers Pension Fund, Local 103, I.B.E.W.
- The lawsuit claims that Baxter misled investors about systemic defects in its Novum LVP device, leading to serious risks for patients.
- Investors who purchased Baxter common stock during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement.
- When the true details about these defects became known, the lawsuit alleges that investors suffered damages.
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Baxter faces investor lawsuit over infusion pumps
Investors have filed a lawsuit claiming Baxter (NYSE:BAX) violated federal securities laws as a result of issues with certain infusion pumps. Bloomberg Law first reported the filing of the lawsuit in Illinois. The class action suit seeks a trial by jury as investors hope to recover damages related to the rollout of its Novum IQ large-volume infusion pump (LVP). It pertains to those who acquired Baxter common stock between Feb. 23, 2022, and July…
Coverage Details
Total News Sources54
Leaning Left4Leaning Right4Center19Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
15%
C 70%
15%
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