StockNews.AI
OGN
StockNews.AI
68 days

SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Organon

1. Faruqi & Faruqi is investigating claims against Organon. 2. A federal securities class action has been filed against Organon. 3. Organon faces scrutiny for misleading statements about dividend priorities. 4. Stock price plummeted by over 27% after revealing debt reduction strategy. 5. Investors are urged to share information regarding Organon's conduct.

5m saved
Insight
Article

FAQ

Why Very Bearish?

The substantial drop in stock price due to misleading information reflects severe investor distrust. Comparable cases often lead to long-term losses for affected companies once litigation begins.

How important is it?

The ongoing legal investigations can greatly affect OGN's stock price and investor confidence. The current litigation also brings potential settlement discussions that could impact future earnings.

Why Short Term?

The immediate impact is significant as investors react quickly to negative news. Historical cases show stock prices often recover slowly, if at all, after legal issues.

Related Companies

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered In Organon To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Organon between October 31, 2024 and April 30, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Organon & Co. (“Organon” or the “Company”) (NYSE: OGN) and reminds investors of the July 22, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. Defendants provided investors with material information concerning Organon’s prioritization of its capital allocation strategy through regular, quarterly dividends. Defendants’ statements included, among other things, reassurance that capital allocation through the aforementioned dividends was a “#1 capital allocation priority” and that Organon was committed to consistent deployment of capital. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of the Company’s priorities, particularly, related to capital allocation through quarterly dividends. Notably, Defendants concealed the high priority of Organon’s debt reduction strategy following the Company’s acquisition of Dermavant, resulting in a 70% decrease for the regular quarterly dividend. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Organon’s securities at artificially inflated prices. Investors and analysts again reacted promptly to Organon’s revelations. The price of Organon’s common stock declined dramatically. From a closing market price of $12.93 per share on April 30, 2025, Organon’s stock price fell to $9.45 per share on May 1, 2025, a decline of more than 27% in the span of just a single day. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.   Faruqi & Faruqi, LLP also encourages anyone with information regarding Organon’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Organon & Co. class action, go to www.faruqilaw.com/OGN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c96193e-9e8a-4e5d-878a-3e41b441e24a

Related News