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.