Class Action Lawsuit Overview
Levi & Korsinsky, LLP has recently reminded investors of Perrigo Company plc (NYSE: PRGO) regarding a pending class action lawsuit. The firm is reaching out to those adversely affected by alleged securities fraud occurring between February 27, 2023, and November 4, 2025. This notification serves to inform potential class members of their rights and the steps they might take to participate in the legal proceedings.
Details of the Case
The comprehensive complaint put forward articulates several serious allegations against Perrigo Company plc. Notably, it claims that the company made misleading statements or concealed important information about its infant formula business acquired from Nestlé. Specifically, it highlights that the business was characterized by a significant lack of investment in maintenance, leading to operational deficiencies. Moreover, Perrigo's management is accused of underestimating the capital and operational expenditures necessary to rectify these issues, ultimately resulting in a misrepresentation of the company’s financial results, including earnings and cash flows.
According to the allegations, these misstatements and irregularities led to materially misleading positive assertions about the company’s operations and prospects, thereby affecting the stock price and harming investors who relied on the fidelity of such information.
Action Steps for Investors
Investors who believe they have incurred losses during the specified period have until January 16, 2026, to petition the court for appointment as lead plaintiff in the class action. It is critical to understand that one does not need to serve as a lead plaintiff to be entitled to compensation from any potential recovery.
Levi & Korsinsky emphasizes that participating in this class action may incur no out-of-pocket expenses for investors. The firm operates on a contingency basis, meaning that costs associated with legal representation are only deducted from any recovery that might be won.
Why Choose Levi & Korsinsky?
With over two decades of experience, Levi & Korsinsky has established a strong record in securing significant recoveries for shareholders. The firm has successfully represented investors in numerous high-stakes securities litigation cases. Notably, Levi & Korsinsky has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, showcasing its standing among the leading securities litigation firms in the United States. The firm comprises a dedicated team of more than 70 professionals committed to providing the highest level of service to its clients.
Conclusion
Perrigo Company plc investors who are concerned about the possible impact of this class action on their investments should act promptly, especially given the approaching deadline for filing lead plaintiff requests. For more details or to speak with a representative, investors are encouraged to contact Levi & Korsinsky either through the firm's email or telephone as provided in this notification. This is a crucial opportunity for affected shareholders to assert their rights in light of the alleged irregularities affecting their investments.
Contact Information
For more information, Perrigo investors can reach out to:
- - Joseph E. Levi, Esq.
- - Levi & Korsinsky, LLP
- - 33 Whitehall Street, 27th Floor, New York, NY 10004
- - Email Contact
- - Phone: (212) 363-7500
- - Fax: (212) 363-7171
- - Website: Levi & Korsinsky