What's Next for O-I Glass, Inc. Shareholders After 15.01% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline
Complaint alleges O-I Glass, Inc. misled investors between March 14, 2025 and July 28, 2026; investors may seek lead plaintiff role by December 28, 2026
LOS ANGELES, Nov. 11, 2026 /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP ("Glancy") announced today that the class action lawsuit covers investors who bought O-I Glass, Inc. ("O-I Glass" or the "Company") (NYSE: OI) securities between March 14, 2025 and July 28, 2026. The O-I Glass, Inc. case, Bryan v. O-I Glass, Inc. et al., was filed on October 29, 2026 in the U.S. District Court Ohio Northern District Court (Case No. 3:26-cv-02849).
Investors who suffered losses on O-I Glass, Inc. investments can submit their O-I Glass, Inc. loss information here before the December 28, 2026 lead plaintiff deadline.
Key dates in the O-I Glass, Inc. case
- Class period: March 14, 2025 to July 28, 2026
- Complaint filed: October 29, 2026
- Lead plaintiff 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.
"The complaint against O-I Glass, Inc. alleges, among other things, that the Company failed to 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. For investors who purchased during the class period, the December 28, 2026 lead plaintiff deadline is the first significant deadline to keep in mind," said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.
What's the next step?
Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm, ready to assist O-I Glass, Inc. investors in potentially pursuing claims to recover their losses.
If you wish to serve as lead plaintiff in the O-I Glass, Inc. class action, you must move the Court no later than December 28, 2026. To learn more about your rights, visit the O-I Glass, Inc. case page, email [email protected], or call 310-201-9150 (toll-free: 888-773-9224).
You may retain counsel of your choice. If you bought O-I Glass, Inc. securities during the class period, you may take no action and remain an absent class member. No class has been certified yet in the O-I Glass, Inc. case.
Frequently Asked Questions
Who is eligible? Investors who purchased or otherwise acquired O-I Glass, Inc. securities between March 14, 2025 and July 28, 2026 and suffered losses may be members of the proposed class in the O-I Glass, Inc. shareholder lawsuit. Any class member may ask the court to appoint them lead plaintiff by December 28, 2026.
What is a lead plaintiff? In the O-I Glass, Inc. class action, the lead plaintiff is the investor, or group of investors, that the court appoints to represent all class members and oversee the case. Under the Private Securities Litigation Reform Act, courts generally presume the movant with the largest financial interest is the most adequate lead plaintiff.
Do I have to be lead plaintiff to recover? No. A O-I Glass, Inc. investor's ability to share in any future recovery does not depend on serving as lead plaintiff. O-I Glass, Inc. investors may take no action and remain absent class members.
What is the deadline? Motions to serve as lead plaintiff in the O-I Glass, Inc. class action must be filed by December 28, 2026.
Does it cost anything to contact Glancy or participate in this action? Glancy represents O-I Glass, Inc. investors on a contingency fee basis, so investors pay no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid only from a recovery, if one is obtained, and are subject to court approval.
Can I choose my own lawyer? Yes. O-I Glass, Inc. investors may retain counsel of their choice.
Why work with Glancy on the O-I Glass, Inc. lawsuit? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the O-I Glass, Inc. lawsuit. Prior results do not guarantee a similar outcome.
About Glancy Prongay Wolke & Rotter LLP
Glancy was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.
Glancy's successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.
Prior results do not guarantee a similar outcome.
Related links
- O-I Glass, Inc. case page, Glancy Prongay Wolke & Rotter LLP
- Complaint: Bryan v. O-I Glass, Inc. et al., U.S. District Court Ohio Northern District Court
- O-I Glass Q2 2026 Report
- O-I Glass, Inc. SEC filings index, EDGAR
- Glancy Prongay Wolke & Rotter LLP
Contact
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Email: [email protected]
Telephone: 310-201-9150 | Toll-free: 888-773-9224
Follow Glancy on LinkedIn, X, or Facebook.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE Glancy Prongay Wolke & Rotter LLP
Share this article