Constellation Brands(STZ)

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STZ - Shareholders Have the Right to Lead the Contellation Brands, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - STZ
Prnewswire· 2025-04-21 09:00
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].
MONDAY INVESTOR DEADLINE: Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - STZ
Prnewswire· 2025-04-19 13:40
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].
Constellation Brands, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 21, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-04-18 20:32
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].
MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - STZ
GlobeNewswire News Room· 2025-04-18 16:45
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].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Constellation Brands, Inc. of Class Action Lawsuit and Upcoming Deadlines - STZ
GlobeNewswire News Room· 2025-04-17 14:15
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].
Constellation Brands, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 21, 2025 to Discuss Your Rights - STZ
Prnewswire· 2025-04-17 09:45
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][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].
INVESTOR DEADLINE NEXT WEEK: Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - STZ
Prnewswire· 2025-04-15 13:25
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 ...
Constellation Brands Announces Industry Veteran Paula Erickson as Incoming Chief Human Resources Officer
Globenewswire· 2025-04-14 20:35
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 ...
STZ Investors Have Final Opportunity to Lead Constellation Brands, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-04-14 13:05
LOS ANGELES, April 14, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Constellation Brands, Inc. ("Constellation" or "the Company") (NYSE: STZ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 11, 2024 and January 8, 2025, inclusive (the "Class ...
STZ Investors Have the Opportunity to Lead the Constellation Brands Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
GlobeNewswire News Room· 2025-04-13 12:49
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].