PRGO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Perrigo Company plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
PerrigoPerrigo(US:PRGO) Prnewswire·2025-11-20 17:00

Core Points - A class action lawsuit has been filed against Perrigo Company plc and certain officers for alleged violations of federal securities laws during the period from February 27, 2025, to November 4, 2025 [2][4] Group 1: Allegations - The lawsuit claims that Perrigo's management made materially false and misleading statements and failed to disclose significant adverse facts about the company's business and operations [3] - Specific allegations include underinvestment in the infant formula business acquired from Nestlé, the need for substantial capital expenditures beyond stated estimates, and significant manufacturing deficiencies [3] - As a result of these issues, the company's financial results, including earnings and cash flow, were overstated, leading to misleading positive statements about its business prospects [3] Group 2: Legal Process - Investors who suffered losses in Perrigo have until January 16, 2026, to request to be appointed as lead plaintiff in the class action [4] - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5][6]