Perrigo Company plc (PRGO) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
PerrigoPerrigo(US:PRGO) Prnewswire·2025-11-25 17:00

Core Viewpoint - Investors in Perrigo Company plc have the opportunity to lead a securities fraud class action lawsuit due to undisclosed operational issues and financial misstatements related to the company's infant formula business [1][2]. Summary by Sections Lawsuit Details - The lawsuit alleges that from February 27, 2023, to November 4, 2025, Perrigo failed to disclose significant underinvestment in the acquired infant formula business from Nestlé, which affected maintenance and operational improvements [2]. - It is claimed that Perrigo needed to incur substantial capital and operational expenditures beyond previously stated cost estimates to address issues in the infant formula business [2]. - The complaint highlights significant manufacturing deficiencies in the infant formula facility, leading to overstated financial results, including earnings and cash flow [2]. - As a result of these issues, the positive statements made by Perrigo regarding its business operations and prospects were materially misleading [2]. Participation Information - Investors who suffered losses related to Perrigo are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for January 16, 2026 [2][3]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the lawsuit [3][4].