Particle.news
Download on the App Store

Perrigo Investors Face Jan. 16 Deadline to Seek Lead Role in Securities Class Action

Law firms are recruiting claimants for French v. Perrigo in S.D.N.Y. with conflicting class‑period dates.

Overview

  • Perrigo Company plc is the target of a securities class action, French v. Perrigo Company plc (No. 25‑cv‑09596), filed in the Southern District of New York under the Exchange Act.
  • Multiple plaintiff firms, including Robbins Geller, The Schall Law Firm, DJS Law Group, and Portnoy Law, are soliciting investors to move for lead‑plaintiff status by January 16, 2026.
  • Class‑period start dates differ by firm, with Robbins Geller and Portnoy citing February 27, 2023, while Schall and DJS list February 27, 2025, all ending on November 4, 2025.
  • The complaint alleges Perrigo misled investors about problems in the Nestlé‑acquired infant‑formula unit, including underinvestment, remediation needs, and manufacturing deficiencies that pressured results.
  • Key disclosures cited include a $35–$45 million remediation cash cost and EPS drop on February 27, 2024, further production and margin issues disclosed on May 7, 2024 and August 6, 2025, and a November 5, 2025 strategic review and guidance cut that the complaint says preceded stock declines of roughly 10%–25%.