PHILADELPHIA, PA — Two well-known public companies with strong regional ties are under heightened legal scrutiny as shareholder investigations advance against Avantor, Inc. (NYSE: AVTR) and Five Below, Inc. (NASDAQ: FIVE). Grabar Law Office, a Philadelphia-based shareholder rights firm, announced new developments this week that could have significant implications for both companies’ governance practices and investor relations.
The firm has launched an investigation into Avantor, alleging potential breaches of fiduciary duty by certain officers and directors. The inquiry is tied to a recently filed securities fraud class action that accuses the company of making false or misleading statements about its competitive position and failing to disclose operational weaknesses. According to the underlying complaint, Avantor understated competitive pressures and overstated the strength of its business outlook — assertions that, if proven, could expose the company to governance reforms and financial clawbacks.
Shareholders who purchased Avantor stock before March 5, 2024, and still hold shares are eligible to seek corporate reforms and potentially recover funds returned to the company, with no cost to participate.
Grabar Law Office is also continuing an investigation into Five Below following a major legal development: a securities fraud class action against the retailer survived a motion to dismiss on August 25. The court ruled that plaintiffs plausibly alleged that Five Below struggled to execute its “trend-right” merchandising strategy and failed to adequately disclose issues related to inventory shrink — factors the court deemed both material and potentially misleading to investors.
Shareholders who owned Five Below stock before December 1, 2022, may pursue similar remedies, including governance improvements and potential recovery of funds for the company.
In both cases, Grabar Law emphasizes that shareholders face no out-of-pocket costs for participating in the investigations. The firm is encouraging eligible investors to review case details, request information, or contact attorney Joshua Grabar directly.
While neither Avantor nor Five Below has commented publicly on the latest filings, the ongoing legal actions add pressure at a time when public companies are navigating increased regulatory scrutiny, tighter margins, and heightened investor expectations for transparency.
For shareholders of either company, the cases represent a pivotal moment — one that may shape future governance practices and, potentially, corporate accountability across two prominent market names.
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