Core Viewpoint - A class action lawsuit has been initiated against Constellation Brands, Inc. for misleading investors regarding the performance of its Wine and Spirits division and other operational issues during the specified Class Period from April 11, 2024, to January 8, 2025 [1][3]. Group 1: Lawsuit Details - The class action claims that Constellation Brands misled investors by suggesting they had reliable insights into the performance of their Wine and Spirits division [3]. - Allegations include failure to improve product mix, inventory management, and sales execution, as well as not disclosing the ineffectiveness of investments in media, promotional pricing, and sales support for distributor partners [3]. - Following the announcement of significant sales shortfalls in both the Beer and Wine and Spirits segments on January 10, 2025, the company's stock price experienced a decline [4]. Group 2: Investor Information - Investors who purchased securities during the Class Period have until April 21, 2025, to file a lead plaintiff motion [1]. - The Portnoy Law Firm offers complimentary case evaluations and encourages investors to discuss their legal rights regarding potential claims to recover losses [2][5].

Core Viewpoint - The Constellation Brands class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and its executives, with a focus on misleading information regarding the company's performance in the Wine and Spirits business and ineffective investments in media and sales capabilities [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Meza v. Constellation Brands, Inc., and covers purchasers of Constellation Brands securities from April 11, 2024, to January 8, 2025 [1]. - Investors have until April 21, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lawsuit claims that Constellation Brands created a false impression of reliable information regarding its business and failed to disclose the ineffectiveness of its investments [3]. Group 2: Financial Performance - On January 10, 2025, Constellation Brands reported third quarter fiscal year 2025 results, showing significant misses in sales performance for both the Beer and Wine and Spirits segments [4]. - The announcement of poor sales performance led to a decline in the stock price of Constellation Brands [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and has a strong track record in securing monetary relief for investors in securities fraud cases [6]. - The firm has recovered $6.6 billion for investors in securities-related class action cases over the past four years, significantly more than any other law firm [6].

Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc. concerning allegations of securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The class action lawsuit involves claims that Constellation and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased or acquired Constellation securities during the Class Period have until April 21, 2025, to request to be appointed as Lead Plaintiff [2]. Group 2: Financial Performance - On January 10, 2025, Constellation reported a 14% decline in net sales for its Wine and Spirits segment, attributed to a 16.4% decrease in shipment volumes due to weaker consumer demand and retailer inventory destocking [4]. - The Wine and Spirits Business anticipates an organic net sales decline of 5-8% and an operating income decline of 17-19% [4]. - Following the financial disclosures, analysts reduced their price targets for Constellation's stock, with a notable drop in stock price of $37.47 per share, or 17.09%, closing at $181.81 per share on January 10, 2025 [4].

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][2]. Summary by Relevant Sections Allegations - The complaint alleges that Constellation Brands provided misleading information about its fiscal year 2024 results and 2025 financial outlook, focusing on improving product mix, inventory, and sales execution in its Wine and Spirits business [1]. - The company had emphasized growth in its premium brands and made investments in media spending and price promotions to support distributor partners [1]. - On January 8, 2025, the company reported a significant miss in sales performance for both the Beer segment and an even larger miss for the Wine & Spirits segment, resulting in a stock price drop from $219.28 to $181.81 within two days [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by April 21, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Firm's Commitment - The Gross Law Firm is dedicated to protecting investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [3]. - The firm aims to recover losses for investors caused by misleading statements or omissions that artificially inflated stock prices [3].

SAN DIEGO, April 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Constellation Brands, Inc. (NYSE: STZ) securities between April 11, 2024 and January 8, 2025, both dates inclusive (the "Class Period"), have until Monday, April 21, 2025 to seek appointment as lead plaintiff of the Constellation Brands class action lawsuit.  Captioned Meza v. Constellation Brands, Inc., No. 25-cv-06107 (W.D.N.Y.), the Constellation Brands class action lawsuit charges Constel ...

Kris Carey to step down from her current role as EVP and Chief Human Resources Officer and will depart the company in May 2025ROCHESTER, N.Y., April 14, 2025 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that Paula Erickson will join the company and assume the role of Executive Vice President and Chief Human Resources Officer, effective April 21, 2025. Erickson will join the company’s Executive Management Committee and have oversight responsibility ...

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 sales performance and business focus [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 who purchased the company's securities are encouraged to participate [2]. Group 2: Company Performance - Constellation Brands reported a significant miss in sales for its Beer segment and an even larger miss in its Wine and Spirits segment in its third quarter 2025 results, contradicting its earlier claims of consistent growth [4].

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 regarding the company's fiscal results for 2024 and the financial outlook for 2025 [4]. - The company reported significant misses in sales performance for both the Beer segment and the Wine & Spirits segment, leading to a dramatic decline in stock price from $219.28 on January 8, 2025, to $181.81 on January 10, 2025 [5].

Core Viewpoint - The Constellation Brands class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and its executives, with a focus on misleading information regarding the company's performance in the Wine and Spirits business and ineffective investments in media and sales capabilities [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Meza v. Constellation Brands, Inc., and covers purchasers of Constellation Brands securities from April 11, 2024, to January 8, 2025 [1]. - Investors have until April 21, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Constellation Brands created a false impression of reliable information regarding its business and failed to disclose the ineffectiveness of its investments [3]. Group 2: Financial Performance Allegations - On January 10, 2025, Constellation Brands reported third quarter fiscal year 2025 results, showing significant misses in sales performance for both the Beer and Wine and Spirits segments [4]. - The announcement of poor sales performance led to a decline in the stock price of Constellation Brands [4]. Group 3: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Constellation Brands securities during the class period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases [6]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years [6].

Core Viewpoint - A class action securities lawsuit has been filed against Constellation Brands, Inc. due to alleged securities fraud affecting investors between April 11, 2024, and January 8, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were negatively impacted by the alleged fraud during the specified period [1]. - The complaint highlights that the defendants provided misleading information regarding Constellation's fiscal results for 2024 and the financial outlook for 2025, particularly in the Wine and Spirits business [2]. - On January 8, 2025, Constellation announced disappointing third-quarter results, with significant misses in both the Beer and Wine & Spirits segments, leading to a sharp decline in stock price from $219.28 to $181.81 within two days [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until April 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].