RBGLY Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class ...
- Robbins LLP notifies investors about a class action lawsuit concerning individuals who bought Reckitt Benckiser Group PLC American Depositary Shares during the period from early 2021 through mid-2024, alleging securities fraud linked to the safety issues of Enfamil infant formula.
- The lawsuit follows prior legal actions including a $60 million verdict against Reckitt's Mead Johnson in Illinois on October 28, 2021, and a $495 million verdict against Abbott Laboratories in Missouri on July 23, 2023, involving NEC risks.
- The class action claims Reckitt misled investors by failing to warn about increased NEC risk for preterm infants consuming Enfamil and omitted impacts on sales and legal exposure, causing significant ADS price declines.
- The price of ADS shares declined by $1.02, or almost 9%, dropping to $10.64 between July 28 and 29, 2024. Investors seeking to be appointed as lead plaintiff must submit their motions by August 4, 2025, in federal court located in New York.
- This litigation highlights ongoing shareholder efforts to recover losses and hold Reckitt accountable, with lead plaintiffs directing the case and absent Class members eligible for any recovery without direct appointment.
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…

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)…


RBGLY 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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