Baxter International Faces Class Action Over Alleged Securities Fraud

Reuters
2025.12.15 12:42
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A class action lawsuit has been filed against Baxter International Inc. for alleged securities fraud, claiming the company made false statements and concealed defects in its Novum LVP product. The lawsuit alleges that these defects led to malfunctions, risking patient safety, and that Baxter misrepresented the product's safety and sales prospects, impacting investors.