What Should O-I Glass, Inc. Investors Know After 15.01% Stock Drop? The Law Offices of Frank R. Cruz Outlines Securities Fraud Class Action Lead Plaintiff Deadline

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What Should O-I Glass, Inc. Investors Know After 15.01% Stock Drop? The Law Offices of Frank R. Cruz Outlines Securities Fraud Class Action Lead Plaintiff Deadline

PR Newswire

Lawsuit alleges O-I Glass, Inc. made misleading statements to investors from March 14, 2025 to July 28, 2026; lead plaintiff motions are due December 28, 2026

LOS ANGELES, Nov. 9, 2026 /PRNewswire/ -- The Law Offices of Frank R. Cruz today announced a class action lawsuit against O-I Glass, Inc. ("O-I Glass" or the "Company") (NYSE: OI) on behalf of investors who acquired the Company's securities from March 14, 2025 to July 28, 2026. Filed on October 29, 2026, the case is Bryan v. O-I Glass, Inc. et al., U.S. District Court Ohio Northern District Court, Case No. 3:26-cv-02849.

If you lost money on O-I Glass, Inc. securities, submit your O-I Glass, Inc. loss information by December 28, 2026 to learn about participating in the lawsuit.

O-I Glass, Inc. class action timeline

  • Class period begins: March 14, 2025
  • Class period ends: July 28, 2026
  • Complaint filed: October 29, 2026
  • Lead plaintiff motion deadline: December 28, 2026

What happened?

On July 28, 2026, O-I Glass announced its second quarter 2026 financial results, substantially reducing its 2026 adjusted EBITDA and free cash flow guidance and realigning its 2027 Investor Day financial targets.

On this news, O-I Glass stock fell $1.36 or 15.01%, to close at $7.70 on July 29, 2026.

What is the O-I Glass, Inc. lawsuit about?

The O-I Glass, Inc. securities lawsuit alleges that, between March 14, 2025 and July 28, 2026, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about O-I Glass, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose that: (1) 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; (2) continued competitive and energy-cost pressures affecting its European operations; and (3) as a result, defendants' positive statements about O-I Glass, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

"According to the complaint filed against O-I Glass, Inc., the Company, among other things, did not disclose that 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. The December 28, 2026 deadline is a key date for O-I Glass, Inc. investors who want a voice in how this case moves forward," said Frank R. Cruz of The Law Offices of Frank R. Cruz.

What should O-I Glass, Inc. investors do now?

The Law Offices of Frank R. Cruz can help O-I Glass, Inc. investors evaluate potential claims to recover their losses.

Investors who want to serve as lead plaintiff in the O-I Glass, Inc. class action must file a motion with the Court by December 28, 2026. For more information, visit the O-I Glass, Inc. case page, email info@frankcruzlaw.com, or call 310-914-5007.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

Investors may retain counsel of their choice. O-I Glass, Inc. investors who bought during the class period may also take no action and remain absent class members. No class has been certified yet in the O-I Glass, Inc. case.

Questions and answers about the O-I Glass, Inc. lawsuit

Who is eligible? Investors who bought O-I Glass, Inc. securities between March 14, 2025 and July 28, 2026 and lost money may be class members, and may seek lead plaintiff appointment by December 28, 2026.

What does a lead plaintiff do? The lead plaintiff is appointed by the court to represent all class members and direct the O-I Glass, Inc. class action.

Must I be lead plaintiff to share in a recovery? No, O-I Glass, Inc. investors can take no action and remain absent class members.

How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so O-I Glass, Inc. investors pay no attorneys' fees up front. Any attorneys' fees and litigation expenses come only from a recovery, if there is one, and require court approval.

About The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.

Prior results do not guarantee a similar outcome.

Related links

Follow The Law Offices of Frank R. Cruz for updates on Twitter: twitter.com/FRC_LAW

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles