A securities class action has been filed against Catalent, Inc. (CTLT) on behalf of a “Class” of all persons or entities who purchased or otherwise acquired Catalent securities between August 30, 2021 through October 31, 2022.  This case has been filed in the USDC – NY.

During the Class Period, Catalent and the Individual Defendants made false and misleading statements and engaged in a scheme to deceive the market and a course of conduct that artificially inflated the prices of Catalent securities, and operated as a fraud or deceit on Class Period purchasers of Catalent securities by misrepresenting the value and prospects for the Company’s business, growth prospects, and accounting compliance. Later, when Defendants’ prior misrepresentations and fraudulent conduct were disclosed to the market, the price of Catalent securities fell precipitously, as the prior artificial inflation came out of the price. As a result of their purchases of Catalent securities during the Class Period, Plaintiff and other members of the Class suffered economic loss