Lowey Dannenberg Notifies Perrigo Company plc (“Perrigo” or the “Company”) (NYSE: PRGO) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $150,000 in Losses to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Perrigo Company plc for violations of federal securities laws, alleging misleading statements and undisclosed issues related to its infant formula business [1][2]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased Perrigo securities between February 27, 2023, and November 4, 2025 [1]. - The complaint alleges that Perrigo and certain officers made false statements and failed to disclose significant operational issues in the infant formula business acquired from Nestlé [2]. Allegations Against Perrigo - Key allegations include: 1. Significant underinvestment in maintenance and operational improvements in the infant formula business [2]. 2. The need for substantial capital and operational expenditures beyond stated cost estimates to remediate the business [2]. 3. Manufacturing deficiencies in the infant formula facility [2]. 4. Overstated financial results, including earnings and cash flow, due to the aforementioned issues [2]. 5. Misleading positive statements regarding the Company's business and prospects [2]. Impact on Investors - Following the revelation of these issues, Perrigo's stock experienced a significant decline, resulting in financial losses for investors [3]. - Investors who suffered losses exceeding $150,000 are encouraged to participate in the lawsuit [3].

Lowey Dannenberg Notifies Perrigo Company plc (“Perrigo” or the “Company”) (NYSE: PRGO) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $150,000 in Losses to Contact the Firm - Reportify