Shareholders of Reckitt Benckiser Group Urged to Join Class Action by Gross Law Firm

Join the Class Action Against Reckitt Benckiser Group



Overview


As shareholders of Reckitt Benckiser Group plc (OTCQX: RBGLY), if you acquired shares during the specified period, you have the opportunity to participate in a significant class action lawsuit initiated by The Gross Law Firm. This lawsuit addresses serious allegations related to the company's infant formula product, Enfamil, and could impact many investors. The deadline for participating is fast approaching on August 4, 2025.

Who is Affected?


The class action specifically pertains to shareholders who purchased shares of Reckitt Benckiser Group between January 13, 2021, and July 28, 2024. If you fall into this category, it's crucial to consider your potential involvement in this case. A lead plaintiff appointment is not a prerequisite for joining the class action, which offers an avenue for recovery of losses suffered during the defined period.

Allegations against Reckitt Benckiser


The primary allegations focus on misleading statements made by Reckitt Benckiser during the class period. Legal documents indicate that the company failed to disclose vital information that affected the health risks associated with its cow's milk-based formula for premature infants:
1. Increased Risk of NEC: The lawsuit claims that Reckitt’s formula was linked to a heightened risk of Necrotizing Enterocolitis (NEC) in preterm infants.
2. Sales Impact: Failure to adequately communicate the risk may have adversely affected Reckitt’s sales of Enfamil, which could lead to financial repercussions.
3. False Assumptions: The defendants’ prior statements regarding the business stability and operational effectiveness were allegedly not based on sound facts, potentially misleading investors.

Why You Should Act Now


With the deadline approaching, it's vital for affected shareholders to take action without delay. By registering, you'll not only secure your position within the class but also gain access to a portfolio monitoring system that will keep you updated on the case progress. Participation comes without any fees or obligations attached, ensuring that shareholders can put their concerns to rest regarding potential costs.

The Role of The Gross Law Firm


The Gross Law Firm has built a solid reputation as a leading class action law firm dedicated to protecting investor rights. They aim to ensure that corporate entities adhere to ethical business practices. The firm understands the significant impact of misleading information on shareholder investments and advocates for those who may have suffered due to deceit or fraud.

Next Steps for Shareholders


If you hold shares of Reckitt Benckiser Group as defined above, you are encouraged to register your details now at Gross Law Firm's Class Action Registration. This process will enable you to become part of the action and actively monitor your case's progress.

Contact Information


For further inquiries, shareholders can reach out directly to The Gross Law Firm:
  • - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
  • - Email: [email protected]
  • - Phone: (646) 453-8903

Putting your investment interests first, The Gross Law Firm is committed to navigating through this legal journey with you, ensuring transparency and accountability in corporate conduct. Act now, before it's too late!

Topics Financial Services & Investing)

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