Press release
Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) Shareholder Notice: Deadline in Lawsuit on May 5, 2025
A Deadline is coming up on May 5, 2025 in the lawsuit for certain investors in Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI).
Investors who purchased shares of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) have certain options and there are strict and short deadlines running. Deadline: May 5, 2025. NASDAQ: MRVI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of California the plaintiff alleges on behalf of purchasers of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) common shares between August 7, 2024 and February 24, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 7, 2024 and February 24, 2025, the Defendants failed to disclose to investors that Maravai LifeSciences Holdings lacked adequate internal controls over financial reporting related to revenue recognition, that as a result, the Company inaccurately recognized revenue on certain transactions during fiscal 2024, that its goodwill was overstated, and 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.
Those who purchased shares of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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