Baxter Says Novum Pump Issues Don't Show Securities Fraud

By Lauraann Wood · October 23, 2026, 8:24 PM EDT

A group of Baxter International shareholders should not be allowed to pursue securities fraud claims over a new fluid pump product later deemed defective simply because the product and its revenues...

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Case Information

Case Title

Electrical Workers Pension Fund, Local 103 IBEW v. Baxter International, Inc. et al

Case Number

1:25-cv-12672

Court

Illinois Northern

Nature of Suit

850 Securities/Commodities

Date Filed

October 16, 2025