Scott+Scott Attorneys at Law LLP Reminds Investors of Its Ongoing Investigation Into Reckitt Benckiser Group PLC (OTC: RBGLY)

Core Viewpoint - Scott+Scott Attorneys at Law LLP is investigating Reckitt Benckiser Group PLC for potentially issuing misleading statements and failing to disclose material information to investors, which may violate federal securities laws [1] Group 1: Legal Issues and Lawsuits - Over 500 state and federal product liability lawsuits have been filed against Reckitt and Abbott Laboratories, alleging inadequate warnings regarding the risks of necrotizing enterocolitis (NEC) for premature infants consuming cow milk-based formulas [2] - A jury in St. Clair County, Illinois, awarded a $60 million verdict against Reckitt in the first NEC lawsuit to go to trial [3] - Following the verdict, Reckitt's American Depositary Receipts (ADRs) fell by$1.87, or nearly 14%, closing at $11.44 per ADR [3] - Another jury in St. Louis, Illinois, awarded$495 million in damages against Abbott in a separate NEC lawsuit, leading to a further decline in Reckitt's ADRs by $1.02, or nearly 9$10.64 per ADR [3] Group 2: Company Background - Reckitt is a global consumer goods company based in the United Kingdom [2]