Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Catalent, Inc. (“Catalent” and/or “Company”) (NYSE: CTLT) breached their fiduciary duties to Catalent and its shareholders. If you are a Catalent shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or email@example.com.
Scott+Scott is investigating whether members of Catalent’s board of directors or senior management failed to manage Catalent in an acceptable manner, in breach of their fiduciary duties to Catalent, and whether Catalent and its shareholders have suffered damages as a result.
On April 14, 2023, the Company issued a press release providing a business update, which stated that the Company expected productivity issues and higher-than-expected costs experienced at three of its facilities. On May 8, 2023, Catalent announced that it was delaying the release of its 3Q22 results, until May 15, noting significant operational and productivity issues, as well as significant issues with its financial forecasts. Catalent later delayed their adjusted earnings release date twice more, leading to a delisting notice with the New York Stock Exchange. Catalent finally released its quarterly results on June 12, 2023.
What You Can Do
If you are a Catalent shareholder, you may have legal claims against Catalent’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982, or firstname.lastname@example.org.
Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.