
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, June 30, 2025 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Organon & Co. (“Organon” or the “Company”) (NYSE: OGN) investors of a class action representing investors that bought securities between October 31, 2024 to April 30, 2025, inclusive (the “Class Period”). Organon investors have until July 22, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
CASE ALLEGATIONS: Organon is a healthcare company that develops and delivers prescription therapies and medical devices.
According to the class action lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose material facts, including that:
(i) Organon concealed critical information regarding its capital allocation strategy—particularly its plans for the quarterly dividend payout;
(ii) despite public statements positioning the dividend as the company’s “number one priority,” Organon had adopted a debt reduction strategy that conflicted with maintaining the dividend; and
(iii) following its acquisition of Dermavant Sciences Ltd., Organon intended to shift capital priorities toward debt reduction, leading to a substantial dividend cut.
The Complaint further alleges that on May 1, 2025, Organon released its Q1 2025 financial results and announced a sharp reduction in its quarterly dividend—from $0.28 to $0.02 per share. On this news, Organon’s stock declined more than 27%, according to the Complaint.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com
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