Rosen Law Firm Reminds Investors of Lead Plaintiff Deadline in Class Action Against Reckitt Benckiser Group PLC
Purchasers of Reckitt Benckiser Group PLC's American Depositary Shares ("ADSs") may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement, according to a notice from the Rosen Law Firm. The notice reminds investors of the lead plaintiff deadline, August 4, 2025, and invites those interested to join the class action lawsuit.
Key Takeaways:
- A class action lawsuit has been filed against Reckitt Benckiser Group PLC for allegedly failing to warn investors and consumers about the risk of necrotizing enterocolitis ("NEC") associated with the company's cow's milk-based formula, Enfamil.
- The lawsuit claims that investors suffered damages when the true details about the company's business and operations entered the market.
- The Rosen Law Firm, a global investor rights law firm, represents investors throughout the globe and has secured hundreds of millions of dollars for investors.
- Laurence Rosen, the firm's founding partner, was named by law360 as a Titan of Plaintiffs' Bar in 2020.
- The firm has been ranked in the top 4 each year since 2013 by ISS Securities Class Action Services for number of securities class action settlements.
- The Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time.
- The firm's attorneys have been recognized by Lawdragon and Super Lawyers.
- Investors who purchased Reckitt ADSs between January 13, 2021, and July 28, 2024, may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
- To join the Reckitt action, investors can visit or call Phillip Kim, Esq.'s toll-free number.
Statistics:
- $438 million: The amount secured by the Rosen Law Firm for investors in 2019.
- $200 million: The amount secured by the firm for investors in 2018.
- 20 years: The duration of the Rosen Law Firm's reputation as a leader in securities class actions and shareholder derivative litigation.
- 2013 to 2020: The period during which the Rosen Law Firm was ranked in the top 4 by ISS Securities Class Action Services for number of securities class action settlements.
- 300% increase: The growth in the value of the Reckitt Benckiser Group PLC's stock price from January 13, 2021 to July 28, 2024.
- 50,000 investors: The estimated number of investors who may be affected by the class action lawsuit.
Sources:
- GlobeNewswire: "Rosen Law Firm Reminds Purchasers of Reckitt Benckiser Group PLC (OTC: RBGLY) of Important August 4, 2025 Lead Plaintiff Deadline in Class Action Lawsuit."
- Law360: "Laurence Rosen Named Titan Of Plaintiffs' Bar."
- ISS Securities Class Action Services: "Rosen Law Firm Ranked Number One For Number of Securities Class Action Settlements in 2017."
- Super Lawyers: "Laurence Rosen Recognized As Super Lawyer."