Securities Class Action Lawsuit Filed Against Reckitt Benckiser Group PLC

Strategic Insights -

Investors who purchased American Depositary Shares of Reckitt Benckiser Group PLC (RBGLY) between January 13, 2021, and July 28, 2024, are encouraged to contact KSF Managing Partner Lewis Kahn to discuss their legal rights and potential recovery for economic loss. A securities class action lawsuit has been filed against the Company and certain executives for allegedly failing to disclose material information during the class period. The lawsuit alleges that the Company's positive statements about its business, operations, and prospects were materially false and misleading due to a higher risk of necrotizing enterocolitis (NEC) in preterm infants consuming the Company's Enfamil formula.

Key Takeaways:

  • The lawsuit, Elevator Constructors Union Local No. 1 Annuity & 401(K) Fund v. Reckitt Benckiser Group PLC, et al., No. 25-cv-4708, is pending in the United States District Court for the Southern District of New York.
  • Investors who purchased ADSs of Reckitt during the class period, January 13, 2021, to July 28, 2024, may be able to file lead plaintiff applications by August 4, 2025.
  • The lawsuit alleges that the Company's executives failed to disclose material information regarding the risk of NEC in preterm infants consuming Enfamil and the potential impact on the Company's sales and legal claims.
  • KSF, a premier securities litigation law firm, is seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.
  • KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.

Statistics:

  • Class Period: January 13, 2021, to July 28, 2024
  • Deadline for filing lead plaintiff applications: August 4, 2025
  • Number of offices for KSF: 7
  • Locations of KSF offices: New York, Delaware, California, Louisiana, Chicago, New Jersey, Luxembourg (representative office)

Sources:

  • GlobeNewswire, "KSF Reminds Investors of Lead Plaintiff Deadline in Securities Class Action Lawsuit Against Reckitt Benckiser Group PLC" (July 22, 2025)
  • KSF website, "Securities Class Action Lawsuit Filed Against Reckitt Benckiser Group PLC"
  • ISS Securities Class Action Services, "Top 10 Plaintiff Law Firms" (ranked by SCAS)