Class Action Lawsuit Filed Against Reckitt Benckiser Group plc

Strategic Insights -

Shareholders who purchased shares of Reckitt Benckiser Group plc (OTC: RBGLY) during the class period from January 13, 2021, to July 28, 2024, are encouraged to contact the Gross Law Firm regarding possible lead plaintiff appointment in a class action lawsuit. The complaint alleges that during this period, the company issued materially false and/or misleading statements and/or failed to disclose that preterm infants were at an increased risk of developing necrotizing enterocolitis (NEC) by consuming the company's cow's milk-based formula, Enfamil. This led to a decrease in sales of Enfamil and increased exposure to legal claims.

Key Takeaways:

  • The Gross Law Firm is issuing a notice to shareholders of Reckitt Benckiser Group plc regarding a class action lawsuit.
  • The class period listed is January 13, 2021, to July 28, 2024, and shareholders who purchased shares during this timeframe are encouraged to contact the firm.
  • The complaint alleges that the company issued materially false and/or misleading statements and/or failed to disclose the risk of NEC in preterm infants consuming Enfamil.
  • The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock.
  • There is no cost or obligation to participate in the case, and the deadline to seek to be a lead plaintiff is August 4, 2025.
  • The Gross Law Firm is a nationally recognized class action law firm that protects the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.

Statistics:

  • The class period for the lawsuit is January 13, 2021, to July 28, 2024.
  • Shareholders who purchased shares of RBGLY during this timeframe are encouraged to contact the Gross Law Firm.
  • The deadline to seek to be a lead plaintiff is August 4, 2025.
  • The firm has a track record of success in class action lawsuits and is committed to ensuring that companies adhere to responsible business practices.

Sources:

  • GlobeNewswire, "The Gross Law Firm Issues The Following Notice To Shareholders Of Reckitt Benckiser Group plc" (2025)
  • COMTEX_467367086/2010/2025-07-16T09:11:00