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%.