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News  ›  GlobeNewswire Inc.

Deadline Alert: Perrigo Company plc (PRGO) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Perrigo Company plc (PRGO) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Perrigo Company faces potential securities fraud lawsuit over misleading statements about its infant formula business, with stock price declining significantly after revealing ongoing production and financial challenges.

Insights
PRGO   negative

Multiple earnings reports showed declining sales, significant inventory write-offs, reduced financial guidance, and ongoing production issues in the infant formula business, leading to substantial stock price drops and potential legal action