Novo Nordisk A/S is facing a significant legal challenge as a class action lawsuit has been filed against the company, alleging securities fraud that has impacted its shareholders. The lawsuit claims that between May 7, 2025, and July 28, 2025, Novo Nordisk made overly optimistic statements about its growth potential, particularly concerning its GLP-1 products. These statements allegedly misled investors by downplaying the impact of the personalization exception to the compounded GLP-1 exclusion and overstating the likelihood of patients switching to Novo’s branded alternatives.
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The situation took a turn on July 29, 2025, when Novo Nordisk revised its sales and profit outlook downward, citing slower-than-expected market expansion and increased competition for its products, Wegovy and Ozempic. This announcement led to a dramatic drop in the company’s stock price, plummeting from $69.00 to $53.94 per share in just one day, marking a staggering 21.83% decline.
For those who have suffered financial losses during this period, there is an opportunity to seek recovery. Shareholders are encouraged to visit the provided link to understand their rights and explore the possibility of participating in the lawsuit without any cost or obligation.
Levi & Korsinsky LLP, a renowned securities litigation firm with a strong track record, is leading the charge in this case. With over 20 years of experience and a team of more than 70 professionals, the firm has consistently ranked among the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171