Class Action Lawsuit Alert for Reckitt Benckiser Group plc
The Gross Law Firm has recently announced a class action lawsuit concerning Reckitt Benckiser Group plc (RBGLY). Investors who purchased shares during the specified class period are encouraged to take immediate action as important deadlines loom. Here’s what you need to know.
Overview of the Lawsuit
The Gross Law Firm has issued a notice to shareholders, particularly those who acquired shares between January 13, 2021, and July 28, 2024. Allegations have surfaced that Reckitt Benckiser made materially false or misleading statements regarding their cow's milk-based formula, Enfamil, which is claimed to pose increased risks of NEC in preterm infants. Misrepresentation of these risks has reportedly affected the company’s sales figures and has opened them to various legal claims.
Key Allegations
1.
Health Risks: The firm contends that Reckitt failed to disclose information regarding a heightened risk of NEC in preterm infants associated with the use of their Enfamil formula.
2.
Sales Impact: Inaccurate public statements led to inflated perceptions of the company's sales health, ultimately influencing investors' decisions under false pretenses.
3.
Legal Vulnerability: Reckitt's failure to address these issues has left them exposed to numerous legal claims, further complicating the firm's operational integrity.
Important Deadlines
Shareholders are being urged to register for the class action before the upcoming deadline of
August 4, 2025. Participation in this lawsuit does not require a lead plaintiff appointment; however, registering is crucial for any potential recovery.
Next Steps for Investors
To ensure involvement in this class action, shareholders must register their information through
this link. Upon registration, investors will receive monitoring updates regarding the lawsuit’s status and developments as they unfold. The registration process is straightforward and poses no costs or obligations to the shareholders.
Why Choose Gross Law Firm?
The Gross Law Firm stands out as a nationally recognized entity dedicated to protecting investors' rights, especially those who have been misled by corporate malfeasance. Their commitment is to hold companies responsible for deceitful practices and strive for investor recovery in cases of stock inflation due to misleading information.
For any inquiries or additional information regarding this lawsuit, please contact:
The Gross Law Firm
15 West 38th Street, 12th Floor
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903
The firm’s previous results underscore their capability, though past success does not assure the same outcomes will occur in this case.
Conclusion
For investors affected by Reckitt Benckiser’s operations during the highlighted period, it is critical to act swiftly in light of these developments. With the deadline for action fast approaching, staying informed and proactive is essential for the potential recovery of losses incurred.