The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Perrigo Company plc(PRGO) Shareholders

Core Viewpoint - The Gross Law Firm is notifying shareholders of Perrigo Company plc regarding a class action lawsuit due to alleged misleading statements and operational deficiencies related to the company's infant formula business acquired from Nestlé [1][2]. Group 1: Allegations - The complaint alleges that during the class period from February 27, 2023, to November 4, 2025, Perrigo issued materially false and misleading statements [1]. - Specific allegations include significant underinvestment in maintenance and operational improvements for the infant formula business, necessitating substantial capital and operational expenditures beyond stated cost estimates [1]. - The complaint also highlights significant manufacturing deficiencies in the facility for the infant formula business, leading to overstated financial results, including earnings and cash flow [1]. Group 2: Class Action Details - Shareholders who purchased PRGO shares during the specified class period are encouraged to register for the class action, with a deadline of January 16, 2026, to seek lead plaintiff status [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].