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News  ›  GlobeNewswire Inc.

January 16, 2026 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against PRGO

GlobeNewswire Inc. Logo GlobeNewswire Inc. By The Gross Law Firm
January 16, 2026 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against PRGO

The Gross Law Firm has issued a class action lawsuit notice for Perrigo Company plc (PRGO), alleging the company made materially false statements regarding its infant formula business acquired from Nestlé. The complaint claims the business suffered from significant underinvestment and manufacturing deficiencies, requiring substantial capital expenditures beyond stated estimates, which overstated financial results. The lead plaintiff deadline is January 16, 2026.

Insights
PRGO   negative

The company is the subject of a securities class action lawsuit alleging material misstatements and omissions regarding the financial condition and operational deficiencies of its infant formula business, which resulted in overstated earnings and cash flow. This indicates serious corporate governance and disclosure failures.