Class Action Lawsuit Filed Against Reckitt Benckiser Group PLC

Strategic Insights -

A class action lawsuit has been filed on behalf of investors who purchased American Depositary Shares ("ADSs") of Reckitt Benckiser Group PLC between January 13, 2021, and July 28, 2024, against the company for allegedly failing to warn investors about the increased risk of necrotizing enterocolitis ("NEC") in preterm infants who consumed the company's Enfamil formula. The lawsuit claims that defendants made materially false and misleading statements about the company's business, operations, and prospects, causing investors to suffer damages. Investors who purchased Reckitt ADSs during the class period may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

Key Takeaways:

  • A class action lawsuit has been filed on behalf of investors who purchased Reckitt Benckiser Group PLC ADSs between January 13, 2021, and July 28, 2024, for allegedly failing to warn investors about the increased risk of necrotizing enterocolitis ("NEC") in preterm infants who consumed the company's Enfamil formula.
  • The lawsuit claims that defendants made materially false and misleading statements about the company's business, operations, and prospects, causing investors to suffer damages.
  • Investors who purchased Reckitt ADSs during the class period may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
  • The Rosen Law Firm represents investors throughout the globe and has achieved significant settlements in securities class actions.
  • The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors.
  • In 2019, the firm secured over $438 million for investors.
  • In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar.
  • Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Statistics:

  • The class period ran from January 13, 2021, to July 28, 2024, inclusive.
  • Investors who purchased Reckitt ADSs during the class period may be entitled to compensation.
  • The Rosen Law Firm has secured over $1 billion in settlements in securities class actions since 2013.
  • The firm has recovered hundreds of millions of dollars for investors in 2019.
  • Laurence Rosen, Esq. and Phillip Kim, Esq. are the lead attorneys on the case.

Sources:

  • Newsfile Corp. - July 14, 2025
  • https://rosenlegal.com/
  • ISS Securities Class Action Services
  • Lawdragon
  • Super Lawyers
  • LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
  • Twitter: https://twitter.com/rosen_firm
  • Facebook: https://www.facebook.com/rosenlawfirm