Press release
Investors who lost money with shares of Organon & Co. (NYSE: OGN) should contact the Shareholders Foundation in connection with pending Lawsuit
A lawsuit was filed on behalf of investors in Organon & Co. (NYSE: OGN) shares over alleged securities laws violations.
Investors who purchased shares of Organon & Co. (NYSE: OGN) have certain options and for certain investors are short and strict deadlines running. Deadline: July 22, 2025. NYSE: OGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Jersey City, NJ based Organon & Co. develops and delivers health solutions through prescription therapies and medical devices in the United States, Europe, Canada, Japan, rest of the Asia Pacific, Latin America, the Middle East, Russia, Africa, and internationally. Organon & Co. (NYSE: OGN) reported that its annual Total Revenue rose from over $6.23 billion in 2023 to over $6.4 billion in 2024, and that its Net Income declined from over $1.02 billion in 2023 to $864 million in 2024.
On May 1, 2025, Organon & Co. (NYSE: OGN) revealed that it was cuttings its dividend by approximately 90%.
Shares of Organon & Co. (NYSE: OGN) declined from $19.05 per share on October 31, 2024, to as low as $8.01 per share on May 14, 2025.
The plaintiff claims that between October 31, 2024, to April 30, 2025, the 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, and that the 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.
Those who purchased shares of Organon & Co. (NYSE: OGN) 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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