Overview of Perrigo Company's Class Action Lawsuit
On December 5, 2025, Levi & Korsinsky, LLP, a well-known law firm, informed investors about a class action lawsuit against Perrigo Company plc (NYSE: PRGO). The firm focuses on investors adversely affected by alleged securities fraud committed from February 27, 2023, to November 4, 2025. This notification is vital, considering the implications of the lawsuit not only for those directly involved but also for shareholder rights more broadly.
What is the Class Action Lawsuit About?
The core of the lawsuit revolves around allegations that Perrigo Company plc misled investors concerning several critical aspects of its operations. The complaint specifies claims that Perrigo had made false statements and concealed significant issues. Some of these claims include:
1.
Underinvestment Issues: The lawsuit indicates that the infant formula sector acquired from Nestlé suffered from substantial underinvestments in maintenance and operational upgrades.
2.
Financial Overstatements: It alleges that Perrigo needed to incur much larger capital and operational expenditures than publicly stated to address the discrepancies in the infant formula sector.
3.
Manufacturing Deficiencies: There were mentions of significant manufacturing deficiencies in the facility dedicated to their infant formula products.
4.
Misleading Financial Results: As a result of these issues, the firm argues that Perrigo's reported earnings and cash flow were inflated, misguiding investors about the true financial state of the company.
5.
Materially Misleading Statements: The lawsuit asserts that the positive statements made by Perrigo's management about the company's prospects were materially misleading or lacked a reasonable basis.
Key Dates and Next Steps
Investors who experienced losses during the specified period are given an important deadline: January 16, 2026. By this date, affected individuals may request to be appointed as the lead plaintiff in the case. However, it is crucial to note that having that title is not a prerequisite to participate in any recovery if the lawsuit yields positive results.
Moreover, there are no costs associated for class members to participate, meaning investors could potentially recover compensation without incurring any out-of-pocket expenses related to the legal proceedings.
Why Choose Levi & Korsinsky?
Levi & Korsinsky has carved out a significant reputation over its two-decade history by successfully securing hundreds of millions of dollars for aggrieved shareholders. Their track record showcases expertise in complex securities litigation, underscored by a team of more than 70 professionals dedicated to serving clients involved in such claims. In fact, for seven consecutive years, Levi & Korsinsky has been recognized as one of the top securities litigation firms in the United States, according to ISS Securities Class Action Services’ Top 50 Report.
Contact Information
For Perrigo investors seeking more information or how to proceed with potential claims, they can get in touch with Joseph E. Levi, Esq. at Levi & Korsinsky via email at [email protected] or call at (212) 363-7500. Additionally, details can be found through their formal website link:
Levi & Korsinsky Law Firm
In conclusion, this class action represents a critical juncture for Perrigo investors impacted by the company's alleged misrepresentations. Being aware of the deadlines and understanding addressing options is fundamental for anyone looking to navigate recovery through this process.