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

GlobeNewswire Inc. • Jan 5, 2026 1:49pm (New York) •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

Glancy Prongay & Murray LLP is alerting Perrigo Company plc investors about a securities fraud class action lawsuit with a January 16, 2026 deadline to file as lead plaintiff. The lawsuit alleges that Perrigo made materially false statements regarding its acquisition of Nestlé's infant formula business, failing to disclose significant underinvestment, manufacturing deficiencies, and the need for substantial remediation costs exceeding initial estimates. The company's stock fell significantly on multiple occasions (15.14%, 9.8%, 11.31%, and 25.2%) as it repeatedly revised guidance downward due to infant formula business challenges.

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Insights

PRGO negative

The company is the subject of a securities fraud lawsuit alleging material misstatements and omissions regarding its infant formula business acquisition. Multiple significant stock price declines (totaling over 60% from peak to trough during the class period), repeated downward guidance revisions, and undisclosed manufacturing and operational issues indicate serious business and legal challenges.

Keywords

#securities fraud #class action lawsuit #infant formula business #Nestlé acquisition #misstatements #manufacturing deficiencies #remediation costs #guidance revision #stock decline

Tickers

PRGO

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