Impending Class Action Lawsuit Against Reckitt Benckiser Group plc: Important Updates for Investors

Impending Class Action Lawsuit Against Reckitt Benckiser Group plc

The Gross Law Firm has recently issued an important announcement for shareholders of Reckitt Benckiser Group plc (OTC PINK: RBGLY), a multinational consumer goods company known for its health, hygiene, and nutrition products. Investors who acquired shares of RBGLY between January 13, 2021, and July 28, 2024, should be aware of a pending class action lawsuit that may significantly affect their investments.

The firm encourages all shareholders to register as potential participants in this class action suit. Notably, investors do not need to be appointed as lead plaintiffs in order to seek recovery for their losses.

Key Dates and Allegations

The lead plaintiff deadline for this lawsuit is set for August 4, 2025. The allegations against Reckitt focus on the harmful effects of its cow's milk-based formula product, Enfamil, on preterm infants, which reportedly increases their risk for developing necrotizing enterocolitis (NEC) when consumed.

It is claimed that Reckitt failed to adequately inform shareholders about the risks associated with their product, misleading statements regarding the company's overall business performance, and the resulting legal exposure from potential lawsuits related to these serious health concerns. The consequences of these alleged actions may have impacted sales and created significant legal liabilities for Reckitt.

Why You Should Act Now

Shareholders are urged to promptly register for this class action to ensure their rights are preserved. Upon registration, participants will have access to a portfolio monitoring service, which keeps them updated on the developments of the case. This service is available at no cost, and participation does not require financial obligations.

The Gross Law Firm specializes in class action lawsuits, focusing on holding corporations accountable for misleading their investors. Their mission is to recover losses incurred by shareholders due to dishonest business for the sake of corporate citizenship and ethical standards.

The Gross Law Firm's commitment includes ensuring accountability in corporate practices, providing a reliable avenue for investors to seek recovery for their perceived losses stemming from Reckitt's cited misconduct.

If you are a shareholder who purchased RBGLY shares during the class action period, it is crucial that you take advantage of this opportunity to participate. Your prompt action can help secure your legal rights and contribute to accountability in corporate practices.

Contact Information

For more information or to register your details, shareholders are encouraged to reach out to The Gross Law Firm through their official website or contact numbers: