{"id":10732,"date":"2023-05-01T19:07:24","date_gmt":"2023-05-01T19:07:24","guid":{"rendered":"https:\/\/www.johnsonfistel.com\/?post_type=investigations&#038;p=10732"},"modified":"2023-05-01T19:07:25","modified_gmt":"2023-05-01T19:07:25","slug":"catalent-inc","status":"publish","type":"investigations","link":"https:\/\/www.johnsonfistel.com\/investigations\/catalent-inc","title":{"rendered":"Catalent, Inc."},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Investigation Alert Catalent: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below<\/strong><\/h2>\n\n\n\n<p>Johnson Fistel, LLP is investigating potential claims on behalf of <strong>Catalent, Inc.<\/strong> (&#8220;Catalent&#8221; or the &#8220;Company&#8221;) (NYSE: CTLT)against certain of its officers and directors.<\/p>\n\n\n\n<p>If you have continuously owned Catalent shares <strong>before August 30, 2021 <\/strong>you can click submit your information below:<\/p>\n\n\n\n<script src=\"https:\/\/www.cognitoforms.com\/f\/seamless.js\" data-key=\"RHIEbeYcvE2Za6Ub8Xyq0g\" data-form=\"1307\"><\/script>\n\n\n\n<p>Recently a class action lawsuit was filed against the company. The complaint alleges that defendants made false statements and\/or concealed that: a) Catalent materially overstated its revenue and earnings by prematurely recognizing revenue in violation of U.S. Generally Accepted Accounting Principles (\u201cGAAP\u201d); b) Catalent had material weaknesses in its internal control over financial reporting related to revenue recognition; c) Catalent falsely represented demand for its products while it knowingly sold more product to its direct customers than could be sold to healthcare providers and end consumers; d) Catalent disregarded regulatory rules at key production facilities in order to rapidly produce excess inventory that was used to pad the Company\u2019s financial results through premature revenue recognition in violation of GAAP and\/or stuffing its direct customers with this excess inventory; and e) as a result of the foregoing, defendants lacked a reasonable basis for their positive statements about the Company\u2019s financial performance, outlook, and regulatory compliance during the class period.<\/p>\n\n\n\n<p><strong>About Johnson Fistel, LLP:<\/strong><br>Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ty1L2zgY0K3IYqprOPqsPSaD8uVLXqsjsFDVQ_zP8rxPQTbxKvW2x0Zc-ZqFm7Q4pR5sf9-IJmvpiyQx3k5wky1tPrvm36Wu-p3oe4zDQ0s=\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.johnsonfistel.com<\/a>. Attorney advertising. Past results do not guarantee future outcomes.<\/p>\n\n\n\n<p><strong>Contact:<\/strong><br>Johnson Fistel, LLP<br>Jim Baker, Lead Securities Analyst<br>Telephone: (619) 814-4471<br>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9sIe58gOW2tgv2rrHttPd4xzU1Ge9Ltlor4j88W3GEV8kSj4TwB0yqu4F-x49tVR4JBoRbJX2EwEg_93HbDcgM5t5uMJ8leBxe8p8ePjFws=\" target=\"_blank\" rel=\"noreferrer noopener\">jimb@johnsonfistel.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investigation Alert Catalent: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below Johnson Fistel, LLP is investigating potential claims on behalf of Catalent, Inc. (&#8220;Catalent&#8221; or the &#8220;Company&#8221;) (NYSE: CTLT)against certain of its officers and directors. If you have continuously owned Catalent shares before August 30, 2021 you can click submit your information [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","ub_ctt_via":""},"section":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/www.johnsonfistel.com\/wp-json\/wp\/v2\/investigations\/10732"}],"collection":[{"href":"https:\/\/www.johnsonfistel.com\/wp-json\/wp\/v2\/investigations"}],"about":[{"href":"https:\/\/www.johnsonfistel.com\/wp-json\/wp\/v2\/types\/investigations"}],"wp:attachment":[{"href":"https:\/\/www.johnsonfistel.com\/wp-json\/wp\/v2\/media?parent=10732"}],"wp:term":[{"taxonomy":"section","embeddable":true,"href":"https:\/\/www.johnsonfistel.com\/wp-json\/wp\/v2\/section?post=10732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}