Perrigo Company plc Announces Securities Law Violation Allegations
On January 8, 2026, The Gross Law Firm issued a critical notice for shareholders of Perrigo Company plc (NYSE: PRGO), regarding substantial allegations tied to its infant formula business. This announcement is significant for those who purchased shares of PRGO between February 27, 2023, and November 4, 2025. Shareholders are urged to connect with the firm if they wish to discuss a potential lead plaintiff appointment.
Details of the Class Action
The allegations outlined in the complaint suggest that during the class period, Perrigo made materially false or misleading statements. The key points of concern include:
- The infant formula business acquired from Nestlé received insufficient investment in maintenance and operational improvements.
- Perrigo's financial commitments exceeded their publicly stated cost estimates due to necessary remediation of the infant formula operations.
- Significant manufacturing deficiencies were found at the facility dedicated to Perrigo’s infant formula business.
- Consequently, the financial results, including earnings and cash flow, were significantly overstated.
- The positive statements made by the defendants about the company's operational capabilities were deemed materially misleading and lacked a reasonable foundation.
Important Registration Deadline
Shareholders interested in participating in this class action must act quickly. The deadline to register as a potential lead plaintiff is set for January 16, 2026. Those who purchase shares of PRGO during the stated period can register their information here.
Next Steps for Shareholders
Upon registration, shareholders will gain access to a portfolio monitoring system that provides ongoing updates throughout the case's lifecycle. There is no cost or obligation associated with participating in this class action.
Why Choose The Gross Law Firm?
The Gross Law Firm is recognized nationally for its dedication to protecting investors’ rights, especially those affected by corporate deceit and illegal practices. The firm is committed to ensuring that companies follow ethical business practices and that shareholders receive fair treatment. They focus on recovering losses incurred from misleading statements or omissions that artificially inflated stock prices.
For further inquiries or to discuss your rights, you can contact The Gross Law Firm at:
The Gross Law Firm15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903