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In light of the recent PGT-A class action lawsuit filings in a court in Florida, Vitrolife Group issues the following statement

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Vitrolife Group has acknowledged a PGT-A class action lawsuit filed against Vitrolife AB, Vitrolife Inc, and Igenomix USA in the Southern District of Florida court. The company has not yet been formally served with the complaint. The announcement notes that similar class actions were initiated against other industry peers providing PGT-A testing services during Q4 2024.

The company states it will evaluate the class action and its potential scope with US legal counsel and will provide market updates when additional information becomes available.

Vitrolife Group ha riconosciuto una causa collettiva PGT-A presentata contro Vitrolife AB, Vitrolife Inc e Igenomix USA presso il tribunale del Distretto Meridionale della Florida. L'azienda non è ancora stata formalmente notificata della denuncia. L'annuncio evidenzia che azioni legali simili sono state avviate contro altri concorrenti del settore che offrono servizi di test PGT-A durante il quarto trimestre del 2024.

L'azienda afferma che valuterà la causa collettiva e il suo potenziale ambito con consulenti legali statunitensi e fornirà aggiornamenti di mercato quando saranno disponibili ulteriori informazioni.

Vitrolife Group ha reconocido una demanda colectiva de PGT-A presentada contra Vitrolife AB, Vitrolife Inc e Igenomix USA en el tribunal del Distrito Sur de Florida. La empresa aún no ha sido formalmente notificada de la denuncia. El anuncio señala que se iniciaron demandas colectivas similares contra otros competidores de la industria que ofrecen servicios de pruebas de PGT-A durante el cuarto trimestre de 2024.

La empresa declara que evaluará la demanda colectiva y su posible alcance con asesores legales en EE. UU. y proporcionará actualizaciones del mercado cuando haya información adicional disponible.

비트로라이프 그룹은 플로리다 남부 지방법원에 비트로라이프 AB, 비트로라이프 Inc, 이게노믹스 USA를 상대로 제기된 PGT-A 집단 소송을 인정했습니다. 회사는 아직 소송장에 대한 공식적인 통지를 받지 않았습니다. 발표에서는 2024년 4분기 동안 PGT-A 테스트 서비스를 제공하는 다른 업계 동료들에 대해 유사한 집단 소송이 시작되었다고 언급하고 있습니다.

회사는 집단 소송과 그 잠재적 범위를 미국 법률 자문과 함께 평가할 것이라고 밝히며, 추가 정보가 제공될 때 시장 업데이트를 제공할 것이라고 전했습니다.

Vitrolife Group a reconnu une action collective PGT-A intentée contre Vitrolife AB, Vitrolife Inc et Igenomix USA devant le tribunal du district sud de la Floride. L'entreprise n'a pas encore été officiellement assignée en justice. L'annonce indique que des actions collectives similaires ont été engagées contre d'autres concurrents du secteur fournissant des services de test PGT-A au cours du quatrième trimestre de 2024.

L'entreprise déclare qu'elle évaluera l'action collective et son éventuel champ d'application avec des conseillers juridiques américains et fournira des mises à jour du marché lorsque des informations supplémentaires seront disponibles.

Vitrolife Group hat eine PGT-A Sammelklage anerkannt, die gegen Vitrolife AB, Vitrolife Inc und Igenomix USA beim Southern District Court of Florida eingereicht wurde. Das Unternehmen wurde noch nicht formell mit der Klage konfrontiert. Die Ankündigung weist darauf hin, dass ähnliche Sammelklagen gegen andere Wettbewerber der Branche, die PGT-A-Testdienste anbieten, im vierten Quartal 2024 eingeleitet wurden.

Das Unternehmen erklärt, dass es die Sammelklage und deren potenziellen Umfang mit US-Rechtsberatern bewerten wird und Marktupdates bereitstellen wird, wenn weitere Informationen verfügbar sind.

Positive
  • No formal complaint has been served yet
  • Company has retained US legal counsel to evaluate and address the situation
Negative
  • Company faces potential legal and financial risks from PGT-A class action lawsuit
  • Legal proceedings could impact company's PGT-A testing services business

GOTHENBURG, Sweden, March 5, 2025 /PRNewswire/ -- Vitrolife Group is aware that a PGT-A class action lawsuit has been filed against Vitrolife AB (publ), Vitrolife Inc and Igenomix USA, Inc in the court of the Southern District of Florida, although no formal complaint has been served yet. During the fourth quarter of 2024, similar class actions were initiated in the US against other peer companies providing PGT-A testing services. Vitrolife Group will, together with our legal counsel in the US, evaluate the class action and its potential scope and update the market in due course when further information is available.

Gothenburg, 5 March 2025
VITROLIFE AB (publ)
Bronwyn Brophy O'Connor, CEO

Contact:
Amelie Wilson, Investor Relations, awilson@vitrolife.com 

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vitrolife-ab--publ-/r/in-light-of-the-recent-pgt-a-class-action-lawsuit-filings-in-a-court-in-florida--vitrolife-group-iss,c4115061

The following files are available for download:

https://mb.cision.com/Main/1031/4115061/3303768.pdf

In light of the recent PGT-A class action lawsuit filings in a court in Florida, Vitrolife Group issues the following statement

Cision View original content:https://www.prnewswire.com/news-releases/in-light-of-the-recent-pgt-a-class-action-lawsuit-filings-in-a-court-in-florida-vitrolife-group-issues-the-following-statement-302393555.html

SOURCE Vitrolife AB (publ)

FAQ

What is the PGT-A lawsuit against Vitrolife Group (VTRLY) about?

A class action lawsuit has been filed against Vitrolife AB, Vitrolife Inc, and Igenomix USA in Florida regarding PGT-A testing services, though no formal complaint has been served yet.

When were similar PGT-A lawsuits filed against Vitrolife's competitors?

Similar class actions against other companies providing PGT-A testing services were initiated during the fourth quarter of 2024.

How is Vitrolife (VTRLY) responding to the PGT-A class action lawsuit?

Vitrolife Group will evaluate the class action with US legal counsel and update the market when more information becomes available.

Where was the class action lawsuit against Vitrolife (VTRLY) filed?

The lawsuit was filed in the court of the Southern District of Florida.
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