LOS ANGELES–(BUSINESS WIRE)–$BAX—The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Baxter International Inc. (“Baxter” or “the Company”) (NYSE: BAX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between February 23, 2022 and July 30, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before December 15, 2025.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Baxter’s Novum IQ Large Volume Pump (“Novum LVP”) suffered from widespread malfunctions including overinfusion and non-delivery of fluids, exposing patients to serious risk of death or injury. The Company was notified of many device malfunctions and injuries, but its attempts to address these defects were inadequate as they failed to address design flaws. The Company’s insufficient response placed it at risk of Novum LVP pumps being taken out of service, and new sales of pumps paused. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Baxter, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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Contacts
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]