Reckitt Benckiser Group plc Investors Affected by Alleged Securities Fraud

Strategic Insights -

Levi & Korsinsky, LLP has filed a class action lawsuit on behalf of Reckitt Benckiser Group plc investors alleging securities fraud between January 13, 2021, and July 28, 2024. The lawsuit claims that the company's statements about its business, operations, and prospects were materially false and misleading. Investors who suffered losses during this period may be entitled to compensation without payment of any out-of-pocket costs or fees.

Key Takeaways:

  • The lawsuit alleges that Reckitt Benckiser Group plc's cow's milk-based formula, Enfamil, increased the risk of NEC in preterm infants, which negatively impacted the company's sales and exposure to legal claims.
  • The complaint claims that defendants made false statements about the company's business, operations, and prospects, which lacked a reasonable basis at all relevant times.
  • The deadline to request the Court to appoint a lead plaintiff is August 4, 2025.
  • Levi & Korsinsky has a proven track record of securing hundreds of millions of dollars for aggrieved shareholders and has expertise in representing investors in complex securities litigation.
  • The firm has been ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States for seven years in a row.

Statistics:

  • The class action lawsuit was filed on July 08, 2025.
  • The alleged securities fraud period spans from January 13, 2021, to July 28, 2024.
  • Investors have until August 4, 2025, to request the Court to appoint a lead plaintiff.
  • The deadline for potential lead plaintiffs to move for appointment is August 4, 2025.
  • Levi & Korsinsky has over 70 employees serving its clients in complex securities litigation cases.

Sources:

  • [1] GlobeNewswire, "Levi & Korsinsky, LLP Notifies Investors in Reckitt Benckiser Group plc (OTC PINK: RBGLY) of Class Action Securities Lawsuit (RBGLY)"
  • [2] Levi & Korsinsky, LLP, "Reckitt Benckiser Group plc Investor Lawsuit (RBGLY) on Behalf of Those Who Suffered Losses May Contact Joseph E. Levi, Esq., Esq. at or by Telephone (212) 363-7500."