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-0.00212765957446804 0 -0.00425531914893608 0 0 -0.00212765957446804 0.00425531914893627 0.00425531914893627
Stock impact report

Maravai LifeSciences Holdings, Inc. (MRVI) Admits to Incorrect Revenue Recognition, Ineffective Internal Controls; Class Action Pending – Hagens Berman

Maravai LifeSciences Holdings, Inc. - Class A common stock (MRVI) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, March 28, 2025 (GLOBE NEWSWIRE) -- On Mar. 19, 2025, the price of Maravai LifeSciences (NASDAQ: MRVI) shares fell almost 6% after the company warned investors against relying on previously filed financial statements. This move lower follows a 21% drop on Feb. 25, 2025 after the company postponed its Q4 and FY 2024 earnings release and investor conference call. A class action lawsuit has been filed against Maravai, a global provider of life science reagents and services to researchers and biotech innovators. The suit, captioned Nelson v. Maravai Lifesciences Holdings, Inc., et al., No. 3:25-cv-00499-AGS-AHG (S.D. Cal.), represents investors who purchased Maravai securities between August 7, 2024 and February 24, 2025. Hag Read more
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