#USA #Los Angeles #Schall Law #Reckitt Benckiser #RBGLY

Legal Action for Investors in Reckitt Benckiser Group plc

The Schall Law Firm has initiated a reminder for shareholders of Reckitt Benckiser Group plc (OTC: RBGLY) about a pressing class action lawsuit tied to alleged violations of securities law. This lawsuit concerns breaches of the Securities Exchange Act of 1934, specifically under sections §§10(b) and 20(a), alongside rule 10b-5 established by the U.S. Securities and Exchange Commission.

The case centers on investors who have purchased securities during the specified Class Period, which spans from January 13, 2021, to July 28, 2024. Investors affected and those who may have incurred losses from these transactions are strongly urged to reach out to the Schall Law Firm before the critical deadline of August 4, 2025.

Nature of the Allegations

The lawsuit highlights the company's engagement in providing false and misleading information to the market. A critical part of the allegations is that Reckitt failed to adequately inform investors about the heightened risk of necrotizing enterocolitis (NEC) in preterm infants associated with the consumption of its Enfamil formula. This risk was not disclosed to shareholders, creating a basis for claims against the company for misleading practices.

Public statements from Reckitt during the class period were allegedly false and materially misleading. As the truth about the potential risks surrounding its products came to light, many investors suffered financial damages, leading to the current legal action. The Schall Law Firm is committed to ensuring that affected investors can pursue recovery for their losses.

How to Participate

Shareholders who have witnessed losses are encouraged to participate in this potential recovery. Interested individuals should contact Brian Schall from the Schall Law Firm at the Los Angeles office or visit their website for further information about their rights and the options available to them.

It’s important to note that the class has yet to be certified. Until this certification happens, prospective class members are not formally represented by an attorney, meaning that those who do not act may remain absent from the class action. However, joining the lawsuit can provide a path to seeing justice and repairing some of the financial damage endured due to misleading corporate conduct.

Firm Commitment to Investor Rights

The Schall Law Firm specializes in representing investors globally, particularly in cases surrounding securities class action lawsuits and shareholder rights litigation. Their goal is to fight for the rights of investors and to ensure transparency in corporate disclosures. Those wishing to join the proceedings or inquire about their rights should reach out directly to the firm for a complimentary legal consultation.

As legal proceedings move forward, it’s essential for investors to stay informed and take proactive steps to safeguard their interests. This lawsuit marks a pivotal moment in holding corporations accountable for their actions, ensuring that shareholders are well-informed and fairly represented.

Contact Information

For additional queries and assistance, the Schall Law Firm is readily available. Investors can reach out via telephone at 310-301-3335 or visit their website. Email inquiries can also be sent to [email protected]. In seeking justice, acting swiftly and decisively is paramount in overcoming the obstacles posed by corporate misconduct.