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MRVI Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges MRVI Investors with Losses to Contact the Firm

1. A class action lawsuit has been filed against MRVI. 2. Allegations include misleading statements about financial controls. 3. Investors face losses from misstated revenue recognition. 4. Lead plaintiff deadline set for May 5, 2025. 5. Potential legal ramifications could impact investor trust.

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FAQ

Why Very Bearish?

The lawsuit indicates serious allegations of financial mismanagement, likely leading to reduced investor confidence, similar to past cases where firms faced major financial scrutiny resulting in stock price declines.

How important is it?

The substantial allegations and class action status can severely impact MRVI's financial outlook and investor sentiment, suggesting a high likelihood of effect on the stock.

Why Long Term?

The ongoing nature of the lawsuit and potential settlement or verdict could have prolonged effects on MRVI's market perception and stock price.

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ABCLCGEMSRNE
, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Maravai LifeSciences Holdings, Inc. ("Maravai") (NASDAQ: MRVI) on behalf of those who purchased or otherwise acquired Maravai securities between August 7, 2024, and February 24, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is May 5, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:     If you suffered Maravai losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/maravai-lifesciences-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=mrvi&mktm=r  You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].  DEFENDANTS' ALLEGED MISCONDUCT:The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Maravai lacked adequate internal controls over financial reporting related to revenue recognition; (2) as a result, Maravai inaccurately recognized revenue on certain transactions during fiscal 2024; (3) Maravai's goodwill was overstated; and (4) that, 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. THE LEAD PLAINTIFF PROCESS:Maravai investors may, no later than May 5, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Maravai investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/maravai-lifesciences-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=mrvi&mktm=r  ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world.  The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJonathan Naji, Esq.(484) 270-1453280 King of Prussia RoadRadnor, PA 19087[email protected]  May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes. SOURCE Kessler Topaz Meltzer & Check, LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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