OI INVESTORS: Contact Kirby McInerney LLP About the Securities Fraud Lawsuit Filed on Behalf of O-I Glass, Inc. Shareholders

NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased O-I Glass, Inc. (“O-I Glass” or the “Company”) (NYSE: OI) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below by December 28, 2026, to discuss your rights or interests in the securities fraud class action at no cost.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of March 14, 2025 through July 28, 2026, inclusive (“the Class Period”). The lawsuit alleges that O-I Glass failed to disclose the true state of the Company’s Fit to Win program, including a delay in achieving its targeted cost savings, higher than expected expenses, operational disruptions that materially offset Fit to Win benefits, and continued competitive and energy-cost pressures affecting its European operations.

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. The Company’s CEO, Gordon J. Hardie, stated, “Achieving our objectives in Europe is taking longer than expected due to persistent market challenges including commercial pressures and higher energy related costs. While we believe these challenges are temporary, we have adjusted our 2026 outlook and realigned our 2027 targets to reflect a more gradual pace of improvement.” Hardie further stated, “Yes, we’ve had a stumble, a chunk of it our own making. We own that. We know how to fix it. We know what the issues are.” On this news, the price of O-I Glass shares declined by $1.36 per share, or approximately 15%, from $9.06 per share on July 28, 2026 to close at $7.70 on July 29, 2026.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired O-I Glass securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

Courts do not consider lead plaintiff applications submitted after the relevant deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.

[HOW CAN I PROTECT MY RIGHTS?]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP’s website.

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Contacts
Kirby McInerney LLP 
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com