Perrigo Company Shareholders Have Chance to Lead Lawsuit Over Allegations of Securities Fraud
Perrigo Company Shareholders Have Chance to Lead a Class Action Lawsuit
In an important announcement from Glancy Prongay & Murray LLP on December 30, 2025, shareholders of Perrigo Company plc (NYSE: PRGO) are being given the opportunity to take charge of a class action lawsuit regarding alleged securities fraud against the company. This legal action arises from substantial claims about the company’s management practices and the financial misstatements associated with its infant formula division, acquired from Nestlé.
The Basis of the Lawsuit
The investors who have suffered financial losses during the period from February 27, 2023, to November 4, 2025, are being urged to step forward before the lead plaintiff deadline of January 16, 2026. According to the complaint, Perrigo failed to provide crucial information to its investors regarding the state of its operations. Specifically, the lawsuit alleges the following main points:
1. Underinvestment in Infant Formula Business: It is claimed that the acquired infant formula division was significantly underfunded concerning maintenance and operational improvements. This lack of investment raised serious concerns about the quality and safety of the products being produced.
2. Need for Additional Capital Expenditures: The lawsuit alleges that Perrigo must undertake substantial capital and operational expenditures that exceed their previously claimed cost estimates to rectify the deficiencies detected in the infant formula business, indicating a potentially grave oversight from the company's management.
3. Manufacturing Deficiencies: There were reportedly significant manufacturing issues within the facility dedicated to producing the infant formula. These deficiencies may have compromised the quality and safety of the product, impacting both customer trust and financial viability.
4. Overstated Financial Results: The allegations also assert that due to these operational inadequacies, Perrigo’s financial results, including earnings and cash flow, were likely overstated. This would mislead the investors who relied on these reports when making their investment decisions.
5. Misleading Positive Statements: The lawsuit further claims that any prior positive statements issued by company representatives concerning the business's operations and future prospects were materially misleading or lacked a fair basis, resulting in damaged investor confidence and financial losses.
How to Participate
Those who have faced financial losses related to Perrigo's stock are encouraged to take action promptly. Interested parties can learn more about participating in the lawsuit by reaching out to Glancy Prongay & Murray LLP, where further guidance will be provided. Investors are advised to provide information including their mailing address, phone number, and the number of shares purchased when making inquiries.
Contact Information
For more details on how to become a part of this lawsuit or to understand more about your rights regarding this situation, investors can contact Charles Linehan, Esq., at Glancy Prongay & Murray LLP. The firm’s offices are located at 1925 Century Park East, Suite 2100, Los Angeles, California 90067. Communication can be established via email or telephone, with toll-free options available for additional convenience.
Conclusion
This opportunity represents a significant chance for shareholders of Perrigo Company plc to seek redress for any financial harm they experienced. By leading the charge in this securities fraud lawsuit, investors may hold the company accountable for the alleged misrepresentations and operational failures impacting their investments. Potential participants are advised not to delay in taking action, given the impending deadline for lead plaintiff submissions.