Important Class Action Lawsuit Update for Reckitt Benckiser Group plc Shareholders
The Gross Law Firm has issued a crucial notice for shareholders of Reckitt Benckiser Group plc (OTC PINK: RBGLY), informing them about a pending class action lawsuit. This legal action centers around significant allegations that could have serious financial implications for affected investors. The firm encourages all shareholders who purchased RBGLY shares during the specified class period to pay close attention.
Class Period and Legal Allegations
For those unaware, the class period outlined in the lawsuit spans from January 13, 2021, to July 28, 2024. Allegations against Reckitt Benckiser include misleading statements and failures to disclose vital information that allegedly inflated the company's stock prices. Specifically, the complaint indicates that the company did not adequately warn shareholders about the heightened risks associated with its cow's milk-based formula, Enfamil, particularly for preterm infants.
The serious nature of the allegations revolves around the potential health risks linked to the consumption of Enfamil by vulnerable infants, which has raised significant concerns among healthcare professionals and investors alike. The failure to disclose these risks, as claimed in the lawsuit, led to an artificial inflation of Reckitt's stock, rendering previous corporate statements about the business's health and future prospects misleading.
Lead Plaintiff Deadline
Shareholders should be informed that the deadline to register as a lead plaintiff for the class action lawsuit is August 4, 2025. It is critical for affected shareholders to act promptly to secure their rights and consider participating in the recovery process. While becoming a lead plaintiff is not mandatory to partake in any potential recovery, it represents an important opportunity for shareholders seeking to take a more active role in the lawsuit.
Interested shareholders can register their information through the firm’s website. Upon registration, shareholders will receive updates through a portfolio monitoring software that tracks the case's progress and keeps them informed of important developments.
What to Do Next
To protect your interests as a shareholder, it’s essential to register by the aforementioned deadline. The Gross Law Firm emphasizes that there is no financial obligation attached to the registration process, and participation in the class action case could be a step towards recovering losses incurred during the specified period. Whether you're a seasoned investor or a newcomer, understanding your legal rights and options in the wake of such allegations is vital.
Why Choose The Gross Law Firm?
The Gross Law Firm is a recognized leader in the realm of class action lawsuits, specializing in representing investors whose trust has been harmed by corporate misconduct. The legal team is committed to seeking justice for investors affected by fraudulent activities. With a focus on creating accountability and upholding ethical business standards, the firm strives to safeguard shareholder rights.
If you have questions about the class action lawsuit or wish to learn more, you can reach the Gross Law Firm at their New York office:
- - Phone: (646) 453-8903
- - Email: info@grosslawfirm.com
- - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
Conclusion
With the class action lawsuit against Reckitt Benckiser Group plc unfolding, shareholders must remain vigilant about the case's developments. The August 4, 2025 deadline for registering as a lead plaintiff serves as a critical reminder for all investors to take action now and ensure their voices are heard. By participating, investors can potentially reclaim losses and contribute to holding the company accountable for its actions.