Robbins LLP Urges OI Shareholders Who Lost Money Investing in O-I Glass, Inc. to Contact the Firm About Leading the Class Action

Detailed summary

SAN DIEGO, Nov. 12, 2026 /PRNewswire/ -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons who purchased or…

SAN DIEGO, Nov. 12, 2026 /PRNewswire/ -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons who purchased or otherwise acquired O-I Glass, Inc. (NYSE: OI) common stock between March 14, 2025 and July 28, 2026, inclusive (the "Class Period"). O-I Glass is a global manufacturer of glass containers for food, beverages and pharmaceuticals, serving customers in the United States, Europe and other international markets.

The complaint alleges that O-I Glass misled investors regarding its 2026 expected financial outlook.

Investors who purchased O-I Glass, Inc. common stock during the Class Period and suffered significant losses should contact Robbins LLP before December 28, 2026 for information about the lawsuit.

According to the complaint, defendants provided investors with material information concerning O-I Glass' expected financial outlook for 2026, including its expectations for adjusted EBITDA and free cash flow, as well as growth expectations for its glass-packaging business. Defendants' statements included, among other things, confidence in O-I Glass' ability to drive growth through its Fit to Win initiative, emphasizing "a more premium and resilient business portfolio" and disciplined pricing, while navigating challenges in its European operations.

Plaintiff contends that defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of O-I Glass' Fit to Win program, including the delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations.

Plaintiff alleges that the truth emerged after the market closed on July 28, 2026, when O-I Glass announced its second quarter 2026 financial…

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