Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALF OF SHAREHOLDERS OF O-I GLASS, INC. (NYSE: OI)

Grabar Law Office is investigating claims on behalf of current shareholders of O-I Glass, Inc. (NYSE: OI) concerning possible breaches of fiduciary duty and other corporate governance issues involving certain officers and directors of the Company.

O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors.

What is Alleged? According to a recently filed class action complaint, O-I Glass, Inc. (NYSE: OI), through certain of its officers, made materially false and/or misleading statements and/or failed to disclose that: (1) O-I Glass was experiencing delays in achieving the targeted cost savings from its Fit to Win program; (2) O-I Glass faced higher-than-expected expenses and operational disruptions that materially offset the program's benefits; (3) O-I Glass continued to face competitive and energy-cost pressures that were impacting the Company's European operations; and; (4) As a result, certain  positive statements about the Company's business, operations, and prospects were materially false and/or misleading when made.

What Can You Do Now? If you are a current O-I Glass, Inc. (NYSE: OI) shareholder and have held shares since before March 14, 2025, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more. Alternatively, if you purchased O-I Glass securities between March 14, 2025 and July 28, 2026, you could participate in the class action.

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