BAXTER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Baxter International Inc. - BAX

NEW ORLEANS, Aug. 18, 2023

What You May Do

If you purchased securities of Baxter and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-bax/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 11, 2023.

About the Lawsuit

Baxter and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On February 9, 2023, pre-market, the Company announced its Fourth-Quarter and Full-Year 2002 earnings results, disclosing that, despite its prior assurances, the problems with its supply chain and the resulting effect on its operations was not under control, that it did not meet its earnings guidance for the year, and that earnings guidance going forward would have to be lowered for the first quarter of 2023.