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Perrigo Company plc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – PRGO
Globenewswire· 2025-11-27 13:30
Core Viewpoint - A class action lawsuit has been filed against Perrigo Company plc for alleged violations of securities laws, specifically related to misleading statements made after its acquisition of Nestlé's baby formula business [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from February 27, 2025, to November 4, 2025, with a deadline for lead plaintiff appointments set for January 16, 2026 [2]. - The complaint alleges that Perrigo made false and misleading statements regarding the condition of the acquired business, which suffered from significant underinvestment in maintenance and repairs, leading to substantial remedial investments by the company [2]. Group 2: Shareholder Participation - Shareholders who purchased shares during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress, with no associated costs or obligations [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].
PRGO Investors Have Opportunity to Lead Perrigo Company plc Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-22 01:38
Core Viewpoint - Perrigo Company plc is facing a class action lawsuit for securities fraud due to alleged false and misleading statements regarding its baby formula business acquired from Nestlé, which suffered from underinvestment and required significant additional expenditures to address operational issues [5]. Summary by Sections Class Action Lawsuit - The Schall Law Firm is reminding investors of a class action lawsuit against Perrigo for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased Perrigo's securities between February 27, 2025, and November 4, 2025, are encouraged to contact the firm before January 16, 2026 [2]. Allegations Against Perrigo - The complaint alleges that Perrigo made false and misleading statements to the market regarding the state of its baby formula business, which required substantial investments beyond initial cost estimates to rectify its issues [5]. - The company's public statements were deemed false and materially misleading throughout the class period, leading to investor damages when the truth was revealed [5]. Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and is representing investors globally [6].
Baby formula among aid being dropped into Gaza
NBC News· 2025-07-28 15:49
situation is now so desperate in Gaza and there's been such international pressure on Israel to ease it humanitarian restrictions there that these foreign aid drops began yesterday. Israel as well carrying out its own a drops and these aircraft are preparing to fly missions over at least one United Arab Emirates that's being loaded at the moment. Another flight from the UAE has just left a C7, an even bigger aircraft and one from the Jordanian military is also leaving today.Now, they're being loaded at the ...