Class Action Lawsuit Filed Against Baxter International Inc.

Strategic Insights -

A class action lawsuit has been filed against Baxter International Inc. on behalf of shareholders who purchased shares of the company during the period from February 23, 2022 to July 30, 2025. The lawsuit alleges that Baxter's Novum IQ Large Volume Pump ("Novum LVP") posed a risk to patients due to improper infusion of medications, despite the company being aware of the defects and failing to fix them. This resulted in false and misleading statements to the market.

Key Takeaways:

  • The lawsuit alleges that Baxter's Novum LVP posed a risk to patients due to improper infusion of medications.
  • The company failed to fix these defects despite numerous reports of problems and injuries.
  • The lawsuit covers shareholders who purchased shares of BAX during the class period from February 23, 2022 to July 30, 2025.
  • The deadline to register as a shareholder and enroll in a portfolio monitoring software is December 15, 2025.
  • Baxter's public statements were allegedly false and materially misleading throughout the class period.
  • DJS Law Group, the law firm handling the case, specializes in securities class actions and corporate governance litigation.
  • The firm's primary focus is to enhance investor return through balanced counseling and aggressive advocacy.
  • DJS Law Group has worked with some of the largest and most sophisticated hedge funds and alternative asset managers in the world.

Statistics:

  • Number of years included in the class period: 3 years (February 23, 2022 to July 30, 2025)
  • Number of days included in the class period: 960 days (from February 23, 2022 to July 30, 2025)
  • Deadline to register as a shareholder: December 15, 2025

Sources:

  • GlobeNewswire, LOS ANGELES, Oct. 27, 2025, "REMINDER: FXCM Shareholder Pro Se Litigation Committee Announces Class Period Extension"
  • DJS Law Group, "Class Action Lawsuit Filed Against Baxter International Inc."
  • GlobeNewswire, LOS ANGELES, Oct. 27, 2025, "REMINDER: FXCM Shareholder Pro Se Litigation Committee Announces Class Period Extension"