INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Constellation Brands, Inc. (NYSE: STZ); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel

Core Points - A class action lawsuit has been filed against Constellation Brands, Inc. for alleged violations of federal securities laws during the class period from April 11, 2024, to January 8, 2025 [1] - The lawsuit claims that the company and certain executives made materially false and misleading statements regarding the company's business and operations, particularly in the Wine and Spirits segment [5] - The truth about the company's performance was revealed on January 10, 2025, when Constellation reported a 14% decline in net sales for the Wine and Spirits segment, leading to a significant drop in stock price [6] Company Overview - Constellation Brands, Inc. is an international producer and marketer of beer, wine, and spirits, with operations in North America, New Zealand, and Italy [4] - The company supplies its products to various distribution channels, including wholesale distributors, retailers, and state alcohol beverage control agencies [4] Allegations Details - The lawsuit alleges that the defendants created a false impression of reliable information regarding the company's Wine and Spirits business, claiming operational margin benefits and increased demand for core brands [5] - The actual performance was characterized by a failure to improve product mix, inventory management, and sales execution, which were not disclosed to investors [5]