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RECKITT BENCKISER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Reckitt Benckiser Group PLC - RBGLY
GlobeNewswire News Roomยท2025-07-16 02:10

Core Viewpoint - A securities class action lawsuit has been filed against Reckitt Benckiser Group PLC for failing to disclose material information during the Class Period, which may have led to economic losses for investors [3][4]. Group 1: Lawsuit Details - Investors who purchased Reckitt's American Depositary Shares (ADSs) between January 13, 2021, and July 28, 2024, have until August 4, 2025, to file lead plaintiff applications [1][2]. - The lawsuit alleges that Reckitt and certain executives violated federal securities laws by not disclosing risks associated with their cow's milk-based formula, Enfamil, which could lead to increased legal claims and impact sales [3][4]. Group 2: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the plaintiffs in this case [5]. - The firm has a strong track record, being ranked among the top 10 firms nationally based on total settlement value [5].