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Securities Fraud Class Action Lawsuit Pending Against O-I Glass, Inc.: The Law Offices of Howard G. Smith Highlights Lead Plaintiff Deadline

Suit alleges O-I Glass, Inc. failed to disclose material facts to investors who bought from March 14, 2025 through July 28, 2026; investors may seek lead plaintiff appointment by December 28, 2026

BENSALEM, Pa.--(BUSINESS WIRE)--O-I Glass, Inc. ("O-I Glass" or the "Company") (NYSE: OI) is the subject of a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired the Company's securities from March 14, 2025 through July 28, 2026, inclusive. The Law Offices of Howard G. Smith today reported the lawsuit, Bryan v. O-I Glass, Inc. et al., which was filed on October 29, 2026 in the U.S. District Court Ohio Northern District Court (Case No. 3:26-cv-02849). The deadline for O-I Glass, Inc. investors to file a lead plaintiff motion is December 28, 2026.

Investors with losses on O-I Glass, Inc. securities can contact The Law Offices of Howard G. Smith about the O-I Glass, Inc. class action to discuss potential claims under the federal securities laws before the December 28, 2026 lead plaintiff deadline.

Important dates in the O-I Glass, Inc. case

  • Complaint filing date: October 29, 2026
  • Court: U.S. District Court Ohio Northern District Court
  • Class period: March 14, 2025 through July 28, 2026, inclusive
  • Deadline for lead plaintiff motions: 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.

Allegations in the O-I Glass, Inc. lawsuit

The O-I Glass, Inc. shareholder lawsuit alleges that, throughout the class period, 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 to investors 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 at all relevant times.

O-I Glass, Inc. investors who purchased or otherwise acquired securities during the class period may move the Court by December 28, 2026 to seek appointment as lead plaintiff in this putative class action.

"The lawsuit against O-I Glass, Inc. alleges that, among other things, the Company failed to tell investors 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. O-I Glass, Inc. investors who bought during the class period may be able to pursue their losses through this class action, and the December 28, 2026 lead plaintiff deadline is an important first date," said Howard G. Smith of The Law Offices of Howard G. Smith.

Next steps for O-I Glass, Inc. investors

O-I Glass, Inc. investors who suffered losses may contact The Law Offices of Howard G. Smith to learn about pursuing their claims. For more information, visit the firm's website, email howardsmith@howardsmithlaw.com, or call (215) 638-4847.

To be a member of the O-I Glass, Inc. class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. No class has been certified so far in the O-I Glass, Inc. case.

Common questions from O-I Glass, Inc. investors

Who is eligible? Investors who acquired O-I Glass, Inc. securities from March 14, 2025 through July 28, 2026 and suffered losses may qualify for the class in the O-I Glass, Inc. shareholder lawsuit.

Where is the O-I Glass, Inc. case pending? The O-I Glass, Inc. class action, Bryan v. O-I Glass, Inc. et al., is pending in the U.S. District Court Ohio Northern District Court (Case No. 3:26-cv-02849).

Do I have to do anything to be in the O-I Glass, Inc. class? No, O-I Glass, Inc. investors need not take any action at this time and may remain absent class members.

Does it cost anything? The Law Offices of Howard G. Smith works on contingency, meaning O-I Glass, Inc. investors owe no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid solely from a recovery, if achieved, and require court approval.

About The Law Offices of Howard G. Smith

The Law Offices of Howard G. Smith has helped injured investors recover their money for more than 15 years. The firm prosecutes securities fraud, takeover, and derivative litigation against public companies and their officers, directors, and advisors in federal and state courts nationwide, and has helped clients recover hundreds of millions of dollars in losses. Clients speak directly with a lawyer, who will promptly answer any question.

Prior results do not guarantee a similar outcome.

Related links

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Contacts

Howard G. Smith
The Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Email: howardsmith@howardsmithlaw.com
Telephone: (215) 638-4847
www.howardsmithlaw.com

The Law Offices of Howard G. Smith

NYSE:OI

Release Versions

Contacts

Howard G. Smith
The Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Email: howardsmith@howardsmithlaw.com
Telephone: (215) 638-4847
www.howardsmithlaw.com

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