(Other OTC:DANOY),
LOS ANGELES, March 05, 2026 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Danone S.A., (“Danone” or the “Company”) (OTCMKTS:DANOY) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/danone-s-a/. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
Danone's stock price fell $1.37, or 7.95%, to close at $15.87 per share on January 21, 2026, thereby injuring investors. This occurred following reports from Reuters on January 21, 2026, that the company was “recalling and blocking batches of infant milk formula after a contamination scare” involving the detection of cereulide, a potent cytotoxin, in Thai-origin Dumex Dulac 1. Investors were injured further on January 23, 2026, when Danone's stock price fell $0.43, or 2.7%, to close at $15.55 per share. This second drop followed a press release from Danone stating it would be recalling selected batches of its infant formula “to comply with the latest guidance.”
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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