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STZ Investors Have Opportunity to Lead Constellation Brands, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-02-22 03:46
Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc. for alleged violations of securities laws, specifically related to misleading statements about its business performance [1][4]. Group 1: Lawsuit Details - The lawsuit is based on claims that Constellation made false and misleading statements regarding its focus on improving sales execution and inventory mix in its Wine and Spirits business [4]. - The class period for the lawsuit is defined as from April 11, 2024, to January 8, 2025, during which investors are encouraged to participate if they suffered losses [2]. - The law firm representing the investors, Schall Law Firm, specializes in securities class action lawsuits and shareholder rights litigation [5]. Group 2: Company Performance - Constellation Brands claimed to enhance its sales capabilities through media spending and price promotions, yet it reported significant misses in sales for both its Beer segment and Wine and Spirits in its third quarter 2025 results [4].
CONSTELLATION ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Constellation Brands, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-02-21 02:00
Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc. for alleged misrepresentation of financial results and outlook during the Class Period from April 11, 2024, to January 8, 2025 [1][3]. Financial Performance - The lawsuit claims that Constellation provided misleading information regarding its fiscal year 2024 results and 2025 financial outlook, focusing on improving sales execution in its Wine and Spirits business [3]. - On January 8, 2025, Constellation announced significant misses in sales performance, particularly in the Beer segment and an even larger miss in the Wine & Spirits segment [4]. - Following the announcement of poor sales performance, Constellation's stock price dropped from $219.28 per share on January 8, 2025, to $181.81 per share by January 10, 2025 [4].
STZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-02-20 21:00
Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc. for alleged violations of federal securities laws during the defined class period from April 11, 2024, to January 8, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Constellation Brands securities during the class period [2]. - The complaint alleges that the defendants provided misleading information regarding the company's fiscal results and outlook, particularly focusing on the Wine and Spirits business [3]. - On January 8, 2025, the company reported significant misses in sales performance for both the Beer segment and the Wine & Spirits segment, leading to a sharp decline in stock price from $219.28 to $181.81 within two days [4]. Group 2: Next Steps for Investors - Investors who suffered losses in Constellation Brands have until April 21, 2025, to request to be appointed as lead plaintiff in the class action [5]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [6]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [7].
Faruqi & Faruqi Reminds Constellation Brands Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - STZ
Prnewswire· 2025-02-20 14:33
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Constellation Brands, Inc. due to alleged violations of federal securities laws related to misleading statements about the company's financial performance and outlook [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $50,000 in Constellation Brands between April 11, 2024, and January 8, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Constellation Brands, with a deadline of April 21, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Constellation's conduct [7]. Group 2: Financial Performance Allegations - The complaint alleges that Constellation Brands and its executives made false or misleading statements and failed to disclose material information about the company's fiscal results for 2024 and financial outlook for 2025 [4]. - The company reported significant misses in sales performance for both the Beer segment and the Wine & Spirits segment in its third quarter fiscal year 2025 results, leading to a dramatic decline in stock price from $219.28 on January 8, 2025, to $181.81 on January 10, 2025 [5].
Lost Money on Constellation Brands, Inc.(STZ)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-02-20 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Constellation Brands, Inc. regarding a class action lawsuit due to significant discrepancies in the company's financial performance, particularly in the Beer and Wine & Spirits segments, leading to a substantial decline in stock price [1]. Summary by Relevant Sections Class Action Details - Shareholders who purchased shares of Constellation Brands (STZ) between April 11, 2024, and January 8, 2025, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action is April 21, 2025, and there is no cost or obligation to participate [2]. Allegations Against Constellation Brands - The complaint alleges that Constellation Brands provided misleading information regarding its fiscal results for 2024 and financial outlook for 2025, focusing on improving sales execution in its Wine and Spirits business [1]. - On January 8, 2025, the company reported a significant miss in sales performance, particularly in the Beer segment, which contributed to a sharp decline in stock price from $219.28 to $181.81 per share within two days [1]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices, ensuring companies adhere to responsible business practices [3].
Stockholder Alert: Robbins LLP Informs Investors of the Constellation Brands, Inc. Class Action
Prnewswire· 2025-02-19 23:17
SAN DIEGO, Feb. 19, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Constellation Brands, Inc. (NYSE: STZ) securities between April 11, 2024 and January 8, 2025. Constellation, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us ...
Bear of the Day: Constellation Brands (STZ)
ZACKS· 2025-02-19 13:00
Markets are rocking and rolling, up at all-time highs with no signs of stopping. Of course, we all know that it can’t last forever. And when it comes time to pay the piper, the brutality will be swift. During that time, it’s best to find stocks with strong earnings trends which have retreated in price. You won’t want to be left holding the bag in a stock that’s down in price, and has seen its earnings move in the wrong direction.Today’s Bear of the Day is a stock that has seen its earnings estimates move in ...
Constellation Brands Announces Departure of E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer
Newsfilter· 2025-02-18 21:35
ROCHESTER, N.Y., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE:STZ), a leading beverage alcohol company, today announced that E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer, will depart the company effective February 28, 2025 to pursue career interests outside the organization. Mallika Monteiro, Executive Vice President, Managing Director – Beer Brands, will serve as interim Chief Growth & Strategy Officer, in addition to her current responsibilities, to assist in ...
Constellation Brands Announces Departure of E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer
GlobeNewswire· 2025-02-18 21:35
Mallika Monteiro to serve as interim Chief Growth & Strategy Officer, in addition to her current responsibilities as Executive Vice President, Managing Director – Beer BrandsROCHESTER, N.Y., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer, will depart the company effective February 28, 2025 to pursue career interests outside the organization. Mallika Monteir ...
Constellation Brands: Tariff Worries Are Overstated, This Stock Is Undervalued
Seeking Alpha· 2025-02-16 10:42
Group 1 - The company focuses on GARP (growth at a reasonable price) stocks while also exploring opportunities in other areas [1] - There is no specified time horizon for investments; the company holds stocks as long as the investment thesis remains valid [1] - The company has developed market-beating algorithms using Python to identify attractive investment opportunities within its portfolio since 2016 [1] Group 2 - The company has experience working at TipRanks as an analysis/news writer and editor, which has enhanced its market awareness and understanding of reader interests [2] - Attention to detail is emphasized, with a recognition of the prevalence of misinformation and "fluff" in the market [2] - The company's goal is to provide accurate and useful information to its audience [2] Group 3 - The company was previously associated with Investor's Compass [3]