Johnson Fistel, PLLP Investigates Maravai LifeSciences Holdings Inc. (NASDAQ: MRVI)

Shareholder rights law firm Johnson Fistel, PLLP is investigating potential violations of federal and state securities laws by certain officers and directors of Maravai LifeSciences Holdings Inc. (NASDAQ: MRVI). Current, long-term shareholders of the company who have continuously held shares during the relevant time period may be able to hold certain officers and directors personally accountable for misconduct. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

Recently a class action lawsuit was filed on March 3, 2025, in the U.S. District Court for the Southern District of California on behalf of investors. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors that: (1) Maravai lacked adequate internal controls over financial reporting related to revenue recognition; (2) as a result, the Company inaccurately recognized revenue on certain transactions during fiscal 2024; (3) its goodwill was overstated; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.