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 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]. - A significant sales performance miss was reported in the Beer segment and an even larger miss in the Wine & Spirits segment, leading to a stock price drop from $219.28 on January 8, 2025, to $181.81 on January 10, 2025 [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until April 21, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Constellation Brands, Inc. regarding a class action lawsuit related to alleged misleading information about the company's financial performance and outlook, particularly in its Wine and Spirits segment [1]. Summary by Sections Allegations - The complaint alleges that Constellation Brands provided investors with misleading information regarding its fiscal year 2024 results and the financial outlook for 2025, focusing on improving sales execution in its Wine and Spirits business [1]. - The company emphasized efforts in premium brands to drive consistent growth and made investments in media spending and price promotions [1]. - 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 [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action, with a deadline set for April 21, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc. for alleged violations of federal securities laws, specifically related to misleading statements about its sales execution and inventory mix in the Wine and Spirits business [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Constellation Brands made false and misleading statements regarding its focus on improving sales execution and inventory mix, particularly in its premium brands [2]. - The company asserted that its media spending and price promotions would enhance the sales capabilities of its distribution partners, yet it reported significant sales misses in both its Beer and Wine and Spirits segments during its third quarter 2025 results [2]. Group 2: Investor Information - Shareholders who purchased Constellation's securities between April 11, 2024, and January 8, 2025, are encouraged to contact the DJS Law Group to participate in the class action lawsuit [1][3].

Core Viewpoint - Constellation Brands, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with a deadline for potential lead plaintiffs approaching on April 21, 2025 [1][5]. Group 1: Allegations and Financial Impact - The lawsuit claims that Constellation Brands misled investors regarding the performance and reliability of its Wine and Spirits business [3]. - It is alleged that the company failed to improve its product mix, inventory management, and sales execution, and did not disclose the ineffectiveness of its media spending and promotional strategies [3]. - Following the announcement of disappointing third quarter fiscal year 2025 results on January 10, 2025, which showed significant misses in both the Beer and Wine and Spirits segments, the stock price of Constellation Brands declined [4]. Group 2: Legal Process and Representation - Investors who purchased Constellation Brands securities during the specified class period can seek to be appointed as lead plaintiff, representing the interests of the class [5]. - The lead plaintiff is typically the investor with the greatest financial interest and must be typical and adequate of the class [5]. - The lead plaintiff has the authority to select a law firm to represent the class in the lawsuit [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $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]. - Robbins Geller has a significant track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [6].

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 ...