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Levi & Korsinsky Investigates Perrigo Company plc (PRGO) Over Potential Securities Fraud Allegations
PerrigoPerrigo(US:PRGO) Newsfileยท2025-11-11 21:38

Core Insights - Perrigo Company plc is under investigation for possible violations of federal securities laws, as announced by Levi & Korsinsky [1] - On November 5, 2025, Perrigo announced a strategic review of its infant formula business, which includes reassessing a previously announced investment of $240 million [2] - Following the announcement of the strategic review, Perrigo's stock price dropped over 25% on the same day [2] Company Developments - The strategic review aims to accelerate cash flows and optimize the impact of the portfolio [2] - The review will consider a range of alternatives for the infant formula business [2] Legal Context - Levi & Korsinsky LLP has a history of representing investors in securities litigation and has secured significant settlements for shareholders [3] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [3]