Legal Alert: Reckitt Benckiser Group Under Class Action Lawsuit Over Allegations of Misleading Statements

RBGLY Lawsuit Alert: What Shareholders Need to Know



The Gross Law Firm has issued an important alert for investors in Reckitt Benckiser Group plc (OTC PINK: RBGLY), signaling a significant class action lawsuit that encompasses shareholders who purchased shares from January 13, 2021, to July 28, 2024.

Background of the Lawsuit



The central allegation of this complaint revolves around intentional misinformation provided by Reckitt Benckiser during the specified period. The lawsuit claims that the company issued materially false or misleading statements and failed to disclose crucial information about its well-known infant formula, Enfamil. Specifically, it is alleged that the company neglected to inform investors that preterm infants faced increased risks of developing necrotizing enterocolitis (NEC) while consuming this formula. This disclosure failure raises significant concerns regarding the safety and marketing claims surrounding their product, thus impacting both the company’s sales performance and exposing Reckitt to potential legal claims from affected parties.

Allegations Breakdown


1. Increased Risks for Preterm Infants: It has been claimed that Reckitt’s cow's milk-based formula elevated the risk of NEC for vulnerable infants.
2. Impact on Sales and Legal Claims: The company’s misleading statements reportedly concealed the adverse effects on their sales of Enfamil as well as their vulnerability to numerous legal claims due to the undisclosed risks associated with the product.
3. Misleading Statements: Defendants are said to have made optimistic declarations about Reckitt’s operations and business conditions that did not reflect the reality affecting the company.

Important Deadlines for Investors


Shareholders are urged to act promptly, especially since the deadline to seek lead plaintiff status is set for August 4, 2025. Those who register as shareholders who purchased RBGLY stocks during the class period will also gain access to portfolio monitoring software, which will keep them informed about the status of the case. Participation does not involve any costs or obligations.

Next Steps


Investors looking to register can do so through the Gross Law Firm’s secure link. It is vital for shareholders not to wait, as timely registration is essential to ensure their position in the ongoing litigation.

Why Choose Gross Law Firm?


The Gross Law Firm, recognized on a national scale, is focused on pursuing justice for investors affected by fraudulent practices. Their commitment lies in holding companies accountable for irresponsible behavior that leads to financial losses for shareholders. Their philosophy underscores the importance of transparency in business practices and the pursuit of legal recourse for investors who have suffered due to misleading statements.

Contact The Gross Law Firm


  • - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
  • - Phone: (646) 453-8903
  • - Email: Contact Us

For shareholders of Reckitt Benckiser Group, this is a critical moment to take action. The class action lawsuit presents an opportunity to hold the company accountable for its alleged mishandling of information related to its products and ensure that investors are compensated for their potential losses.

Topics Policy & Public Interest)

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