Reckitt Investor Sues Over Enfamil Formula Lawsuits (Correct)

Reckitt Benckiser Group PLC was accused in a proposed class action of failing to warn investors and consumers that its Enfamil baby formula might be tied to a deadly health condition and related financial risks.

The company’s US share prices fell after jury verdicts about cow’s-milk based formulas’ potential impact on premature infants, according to a retirement fund’s complaint filed Thursday in the US District Court for the Southern District of New York.

The formula was good for bulking up low-weight infants quickly, but recent research has found strong links between cow-based products and necrotizing enterocolitis, a gastrointestinal condition in ...