Core Insights - Perrigo Company plc is facing a class action lawsuit for investors who purchased securities between February 27, 2023, and November 4, 2025, with a deadline for filing a lead plaintiff motion set for January 16, 2026 [1][2] - On November 5, 2025, Perrigo announced a strategic review of its infant formula business, which includes evaluating alternatives to enhance cash flows and reassessing a previously announced investment of $240 million in this sector [3] - Following the announcement of the strategic review, Perrigo's stock price dropped by $5.09, or 25.21%, closing at $15.10 per share on the same day [3] Legal Context - The Portnoy Law Firm is representing investors in claims related to corporate wrongdoing, emphasizing their experience in recovering over $5.5 billion for affected investors [4]
Portnoy Law Firm Announces Class Action on Behalf of Perrigo Company plc Investors