Important Notice for Reckitt Benckiser Shareholders on Lawsuit Updates
Shareholder Notice on Reckitt Benckiser Group plc Lawsuit
The Gross Law Firm issues an essential notice to all shareholders of Reckitt Benckiser Group plc (OTC PINK: RBGLY). This serves as a reminder regarding the lead plaintiff deadline for a significant lawsuit that affects the company and its investors.
Registration Information for Shareholders
All shareholders who purchased shares of RBGLY within the specified class period are encouraged to reach out to the Gross Law Firm. Even if you are not seeking to become a lead plaintiff, your registration is vital to ensure your rights are protected and to confirm your potential recovery in the case.
Important Class Period Details
CLASS PERIOD: January 13, 2021, to July 28, 2024. This period marks the timeframe during which significant allegations have arisen regarding the company’s performance and disclosures.
Allegations Against Reckitt Benckiser
ALLEGATIONS: The complaint claims that Reckitt Benckiser Group plc, during the class period, issued materially false and misleading statements. It is alleged that these misrepresentations concealed serious risks:
- Firstly, there are claims regarding an elevated risk of developing NEC in preterm infants due to Reckitt's cow's milk-based formula, Enfamil.
- Secondly, the impact on sales and subsequent legal claims relating to Enfamil were not disclosed.
- Lastly, due to these omissions, the statements made by company officials regarding business performance were misleading and lacked a reasonable basis.
Key Deadline for Shareholders
DEADLINE: August 4, 2025 is the critical date by which shareholders must register to participate in this class action lawsuit. It is essential to act promptly and register your information to safeguard your interests and rights as an investor during this process.
Next Steps After Registration
NEXT STEPS FOR SHAREHOLDERS: Upon registration, shareholders will gain access to portfolio monitoring software that provides continuous updates throughout the lifecycle of the legal case. This ensures you stay informed about any developments concerning your investment.
About The Gross Law Firm
WHY THE GROSS LAW FIRM? This law firm has earned national recognition in handling class action lawsuits. Their primary mission is to advocate for investors who have faced losses due to deceptive practices or fraud. They focus on ensuring that companies adhere to ethical business practices and are held accountable. The Gross Law Firm offers their services to recover losses associated with misleading statements or important omissions that have impacted stock performance. Furthermore, being proactive in these matters can significantly aid in securing rightful recovery.
Contact Information
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
Frequently Asked Questions
What is the lawsuit about?
The lawsuit involves allegations against Reckitt Benckiser concerning misleading statements and the risks associated with their products.
How can I register as a shareholder?
You may register by contacting the Gross Law Firm directly to ensure your participation in any potential recovery.
What is the class period for this lawsuit?
The class period runs from January 13, 2021, to July 28, 2024.
What are the key deadlines?
The significant deadline for lead plaintiff registration is August 4, 2025.
Why is it important to participate?
Participating can help protect your rights as a shareholder and may lead to financial recovery regarding the allegations made against the company.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
