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O-I Glass (NYSE: OI) faces a securities fraud class action filed by shareholder rights firm Schall, Brown & Schwartz LLP, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b-5. The firm is reminding investors who purchased OI shares during the class period that they may seek lead plaintiff appointment. No financial terms or specific damages figures were disclosed in the announcement.
O-I Glass Faces Securities Fraud Class Action, Shareholder Rights Firm Says
Schall, Brown & Schwartz LLP, described in the announcement as a national shareholder rights litigation firm, has issued a reminder to investors about a class action lawsuit against O-I Glass, Inc. (NYSE: OI).
The suit alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Lead Plaintiff Opportunity
According to the announcement, shareholders who purchased shares of OI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.
The release does not specify the dates of the class period, nor does it disclose financial terms or any specific damages figures.
Announcement Details
- The reminder was issued by Schall, Brown & Schwartz LLP (“SBS”).
- The announcement was datelined Los Angeles, Nov. 5, 2026, and distributed via PRNewswire.
- O-I Glass is identified by its NYSE ticker, OI.
The release does not include further details on the allegations, the procedural status of the case, or a response from O-I Glass.