NEW YORK, NY / ACCESS Newswire / February 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Reckitt Benckiser Group plc ("Reckitt Benckiser Group plc") (OTC PINK:RBGLY) concerning possible violations of federal securities laws.
An Illinois jury returned a $60 million verdict against Reckitt on March 15, 2024. The verdict was the first lawsuit related to necrotizing enterocolitis ("NEC") that reached a verdict. A second jury awarded $95 million on July 29, 2024, to the plaintiff in a NEC case against the Company’s competitor, Abbott. Following on this news, the Company’s American Depositary Receipts ("ADRs") fell sharply. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. To obtain additional information, go to:
https://zlk.com/pslra-1/reckitt-benckiser-group-plc-lawsuit-submission-form?prid=131590&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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