US EditionRBGLY Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class ...
- Robbins LLP and Rosen Law Firm notify investors about a class action lawsuit representing those who bought Reckitt Benckiser Group PLC ADSs during the period from early 2021 through mid-2024.
- The lawsuit alleges Reckitt misled investors by failing to warn that their cow's milk-based formula, Enfamil, increased the risk of necrotizing enterocolitis in preterm infants and impacted sales and legal exposure.
- Past related lawsuits include a $60 million verdict against Mead Johnson in Illinois on October 28, 2021, and a $495 million award against Abbott in Missouri on June 23, 2023, both involving NEC claims linked to baby formulas.
- Reckitt's ADS price dropped nearly 14% from $13.31 on March 14, 2024, to $11.44 on March 15, 2024, and further declined nearly 9% from $11.66 to $10.64 by July 28, 2024, reflecting market reaction to these legal developments.
- Individuals who acquired Reckitt ADSs within the specified class period may qualify for compensation and must submit a motion to be appointed lead plaintiff by August 4, 2025, to represent the group in the current lawsuit.
125 Articles
125 Articles
RBGLY INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Reckitt Benckiser Group PLC Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Reckitt Benckiser Group (OTC:RBGLY)
NEW YORK, June 08, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Reckitt Benckiser Group PLC ("Reckitt" or "the Company") (OTC:RBGLY) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of al…
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RBGLY Investors Have Opportunity to Lead Reckitt Benckiser Group PLC Securities Fraud Lawsuit
NEW YORK, June 7, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of American Depositary Shares ("ADSs") of Reckitt Benckiser Group PLC (OTC: RBGLY)…
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Enid News & EagleRBGLY Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class ...
SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Reckitt Benckiser Group PLC (OTC: RBGLY) American Depository Shares (ADSs) between January 13,…
Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Reckitt Benckiser Group PLC (OTC: RBGLY)
NEW YORK–(BUSINESS WIRE)–Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit in the United States District Court for the Southern District of New York against Reckitt Benckiser Group PLC (“Reckitt” or the “Company”) (OTC: RBGLY), and certain of its former and current officers and/or directors (collectively, “Defendants”). The Class Action …
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