Particle.news
Download on the App Store

Perrigo Investors Face Jan. 16 Deadline to Lead Securities Case as Firms Split on Class Period

The suit claims Perrigo misled the market about costly problems at the Nestlé-acquired infant formula business.

Overview

  • Multiple plaintiff firms issued Nov. 24 notices urging Perrigo shareholders to seek lead-plaintiff status by January 16, 2026.
  • Robbins Geller cites a class period of February 27, 2023 to November 4, 2025, while the Schall Law Firm starts the period on February 27, 2025.
  • The case, captioned French v. Perrigo Company plc (No. 25-cv-09596), is pending in the U.S. District Court for the Southern District of New York.
  • The complaint alleges Perrigo understated remediation needs and manufacturing issues at the Gateway formula plant acquired from Nestlé, overstating earnings and cash flow.
  • Alleged corrective disclosures on Feb. 27, 2024, May 7, 2024, Aug. 6, 2025, and Nov. 5, 2025 included a strategic review and guidance cut, with claimed stock drops exceeding 25% on the latest news.