On January 14, 2026, Levi & Korsinsky, a law firm with a proven track record in securities litigation, announced a class action lawsuit targeting Perrigo Company plc, a well-known name in the pharmaceutical sector (NYSE: PRGO). This move comes in response to claims of securities fraud that are alleged to have impacted investors significantly between February 27, 2023, and November 4, 2025.
What Led to the Class Action?
The lawsuit is based on accusations that Perrigo's executives made several misleading statements regarding the company's financial health, particularly concerning its infant formula business acquired from Nestlé. The suit alleges a list of serious concerns, including:
1.
Underinvestment: The infant formula division faced critical underinvestment in necessary operational improvements and maintenance.
2.
Cost Underestimation: There were substantial capital and operational expenditures that exceeded what the company had publicly stated, necessary for remediating issues in the infant formula sector.
3.
Manufacturing Deficiencies: Significant flaws in the manufacturing processes within the infant formula facilities were said to exist, raising alarms about product quality and safety.
4.
Accounting Misrepresentation: As a result of these problems, Perrigo's financial results inflated earnings and cash flow, misleading investors about the company's actual performance.
Your Rights as an Investor
If you experienced a loss in your investments in Perrigo during the specified period, you have until January 16, 2026, to submit a request for the court to appoint you as the lead plaintiff in this class action. It's important to note that participating in this class action does not require you to take on the lead role; you can still be eligible for any recovery available to class members.
No Upfront Costs
The best part of this lawsuit is that if you qualify as a class member, you can seek compensation without any financial burden upfront. Legal fees and associated costs would typically be covered by any recovery awarded, ensuring that you face no immediate financial risks in pursuing your rights.
The Expertise Behind Levi & Korsinsky
With over two decades in securities litigation, Levi & Korsinsky is not a new name in the market. The firm has successfully recovered hundreds of millions for its clients and is recognized as one of the leading securities litigation firms in the United States, earning a spot in ISS Securities Class Action Services' Top 50 Report for multiple years. Their team, comprising over 70 dedicated professionals, is well-equipped to navigate complex legal battles to support investors like you.
Contact Information
For more information or to discuss your rights as an affected investor, contact Joseph E. Levi or Ed Korsinsky at Levi & Korsinsky, LLP:
If you are an investor in Perrigo Company plc and are concerned about your investments or losses, now is the time to take action. The outcome of this class action could have significant implications for your financial recovery. Don’t hesitate to reach out and understand your eligibility to be part of this crucial legal battle.