#United States #New York #Class Action #Kahn Swick #Reckitt Benckiser

Class Action Reminder for Reckitt Benckiser Investors

In an important update for investors, Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has provided a crucial reminder regarding a class action lawsuit against Reckitt Benckiser Group PLC (RBGLY). Investors who have suffered losses exceeding $100,000 are urged to consider their legal options in light of a rapidly approaching deadline.

Key Details of the Lawsuit

The deadline for eligible investors to file a lead plaintiff application is August 4, 2025. This lawsuit is particularly relevant for those who purchased Reckitt’s American Depositary Shares (ADSs) during the class period from January 13, 2021, to July 28, 2024. The central claim in this case revolves around alleged omissions and misleading statements made by Reckitt during this period.

The allegations assert that Reckitt failed to disclose significant information regarding the safety of its cow's milk-based formula, Enfamil. Specifically, it is claimed that preterm infants were at an increased risk for developing necrotizing enterocolitis (NEC) due to the formula. Moreover, it is suggested that this risk could adversely affect sales and lead to potential legal ramifications for the company.

These revelations have led to a claim that the positive statements made by the company concerning its operations and future prospects were materially misleading and lacked verifiable support throughout the said period. The lawsuit is formally entitled Elevator Constructors Union Local No. 1 Annuity 401(K) Fund v. Reckitt Benckiser Group PLC, et al. (No. 25-cv-4708) and is currently pending in the United States District Court for the Southern District of New York.

Legal Rights and Next Steps

Investors who purchased Reckitt’s ADSs during the class period are encouraged to explore their legal rights. KSF is offering consultations to discuss how this case may impact their recovery options for any financial losses incurred as a result of the alleged misconduct. Interested parties can contact KSF Managing Partner Lewis Kahn via toll-free at 1-877-515-1850 or by email at legal@ksfcounsel.com. Additionally, information regarding this class action can be found on the KSF website, specifically designed to assist impacted investors.

About Kahn Swick & Foti, LLC

KSF is a well-regarded boutique securities litigation law firm that specializes in representing both private and institutional investors. The firm's leadership, inclusive of Charles C. Foti, Jr., has garnered accolades for its commitment to seeking justice for clients affected by corporate fraud. KSF has been recognized nationally for its achievements in securities litigation and has multiple offices across the United States, including locations in New York, California, and Louisiana. For more information, visit www.ksfcounsel.com.

Conclusion

The ongoing class action against Reckitt Benckiser serves as a critical reminder for stakeholders concerning the importance of staying informed about their investment rights. As the deadline approaches, investors should take prompt action to protect their interests and ensure they are accounted for in this unfolding legal matter.