Baxter Investors Urged to Act as Dec. 15 Lead-Plaintiff Deadline Nears in Novum Pump Lawsuits

Overview

• Rosen Law Firm and The Gross Law Firm reminded Baxter shareholders of a December 15, 2025 deadline to seek lead-plaintiff status in pending securities class actions.
• The complaints assert the Novum IQ Large Volume Pump suffered systemic malfunctions—including underinfusion, overinfusion, and non-delivery—posing risks of serious injury or death.
• Filings allege Baxter was informed of multiple device malfunctions, injuries, and deaths and that customer alerts were inadequate while design flaws persisted.
• Rosen cites a class period from February 23, 2022 to July 30, 2025, while Gross lists February 23, 2022 to October 29, 2025, reflecting differing parameters across firm notices.
• A separate Schall Law Firm notice references an earlier class period and past deadline on supply-chain disclosures, underscoring variation in proposed classes and timelines.