#United States #New York #Class Action #Levi & Korsinsky #Perrigo Company

Class Action Lawsuit Notification for Perrigo Company plc Investors

Investors in Perrigo Company plc (NYSE: PRGO) are being urged to take action following a recent announcement by Levi & Korsinsky, LLP about a class action lawsuit. This lawsuit is specifically aimed at recouping losses suffered by investors who were negatively impacted by claims of securities fraud that took place between February 27, 2023, and November 4, 2025.

Case Background

The class action seeks to hold the defendants accountable for allegedly making misleading statements and hiding crucial information that could have influenced investor decisions. It is suggested that Perrigo's acquisition of an infant formula business from Nestlé was marred by significant underinvestment in necessary operational improvements and maintenance. Furthermore, the allegations indicate that substantial capital expenditures were necessary to address the deficiencies in this acquired business, significantly exceeding the company's previously stated estimates.

Key Allegations

The lawsuit outlines several critical points:
1. Underinvestment Issues: The infant formula segment reportedly lacked necessary maintenance and operational enhancements, raising serious concerns about its viability and performance.
2. Overstated Financials: The financial disclosures from Perrigo purportedly painted a rosier picture than reality. Results including earnings and cash flows were likely exaggerated, misinforming investors about the company’s true financial state.
3. Misleading Statements: Statements made by the company regarding its business operations and future prospects were allegedly materially misleading, resulting in a lack of transparency about the actual risks faced by investors.

Next Steps for Investors

Investors who suffered losses during the relevant period should be aware that they have until January 16, 2026, to apply to the court to be named lead plaintiff. However, it’s important to note that being designated as a lead plaintiff is not a requirement for participating in any potential financial recovery. Interested parties can find further details and submit their information via a designated online submission form.

No-Cost Participation

For affected investors, the process comes at no cost. Class members may be eligible for compensation without incurring any direct fees or out-of-pocket expenses. This is a significant advantage for those who may feel deterred by potential legal costs, allowing for wider participation in seeking recovery for losses.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has built a strong reputation over the past two decades, securing significant settlements for shareholders. The firm has a robust track record in high-stakes litigation and is recognized consistently in the top echelons of securities litigation firms in the United States. With a dedicated team, they are well-equipped to handle complex cases like the one against Perrigo.

Contact Information

Investors wishing to learn more or participate in the class action can contact Joseph E. Levi, Esq. at Levi & Korsinsky, LLP. The firm’s New York office is located at 33 Whitehall Street, 27th Floor, New York, NY 10004. Alternatively, investors can reach out via email or telephone for more information about their rights in this case.

Navigating securities fraud can be daunting, but with the support of an experienced law firm like Levi & Korsinsky, investors can seek the justice and compensation they deserve. Awareness of these class actions can not only empower investors but also contribute to holding corporations accountable for their practices.