Perrigo Investors Urged to Join Securities Suit Over Nestlé Formula Unit as Jan. 16 Deadline Nears
Investors face a January 16 deadline to seek lead‑plaintiff status in the S.D.N.Y. case over alleged misstatements about the acquired baby‑formula unit.
Overview
- DJS Law Group and The Schall Law Firm issued new notices inviting Perrigo shareholders to pursue lead‑plaintiff roles in the securities action.
- Their notices set a proposed class period from February 27, 2025 through November 4, 2025, with a January 16, 2026 deadline to respond.
- Bernstein Liebhard announced a separate notice citing a broader proposed class period from February 27, 2023 to November 4, 2025, with the same lead‑plaintiff deadline.
- The complaint alleges Perrigo made false or misleading statements about the Nestlé baby‑formula business, including significant underinvestment and larger‑than‑disclosed remediation needs.
- The lawsuit is filed in the Southern District of New York, the class has not been certified, and investors are not represented by counsel unless they retain one.