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STZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
STZConstellation Brands(STZ) 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 219.28to219.28 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].