Silver North Resources Ltd. press release
ORGANON SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Organon & Co. - OGN
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NEW YORK CITY, NY AND NEW ORLEANS, LA / ACCESS Newswire/ July 10, 2025 / Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22, 2025to file lead plaintiff applications in securities class action lawsuits against Organon& Co. (NYSE:OGN), if they purchased the Company's securities between November 3, 2022 and April 30, 2025, inclusive (the "Class Period"). These actions are pending in the United States District Court for the District of New Jersey.
What You May Do
If you purchased securities of Organon and would like to discuss your legal rights and how the case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-ogn/to learn more. If you wish to serve as a lead plaintiff in the class action, you must petition the Court by July 22, 2025.
About the Lawsuits
Organon and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 10, 2025, pre-market, the Company announced its financial results for the first quarter of 2025, disclosing, among other things, that management had reset the Company's dividend payout, from $0.28 to $0.02, contradicting its prior statements assuring investors that the regular quarterly dividend was a number one priority and that the Company was committed to its capital allocation strategy through the aforementioned dividend. On this news, the price of Organon's shares fell more than 27%, from a closing market price of $12.93 per share on April 30, 2025, to $9.45 per share on May 1, 2025.
The first-filed case is _Hauser v. Organon & Co., et al., _No. 25-cv-05322. A subsequent case, _Lerner v. Organon & Co., et al., _No. 25-cv-12983, expanded the class period.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
CONTACT: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163
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SOURCE:Kahn Swick & Foti, LLC
View the original press releaseon ACCESS Newswire
Earlier from Silver North Resources Ltd.
- Organon & Co. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before July 22, 2025 to Discuss Your Rights - OGN
- OGN COURT ALERT: Did Organon & Co. Commit Securities Fraud? Contact BFA Law by the July 22 Deadline
- EXTENDED CLASS PERIOD: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Organon & Co. and Announces Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit - OGN