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Contact The Gross Law Firm by April 21, 2025 Deadline to Join Class Action Against Constellation Brands, Inc.(STZ)
STZConstellation Brands(STZ) Prnewswire·2025-04-03 09:45

Core Points - 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 fiscal results and outlook [1] - The class period for the lawsuit is from April 11, 2024, to January 8, 2025, during which shareholders are encouraged to register for potential lead plaintiff appointment [2] - The lawsuit claims that Constellation Brands provided investors with material information that was later contradicted by significant misses in sales performance, particularly in the Beer and Wine & Spirits segments [1] Allegations - Defendants allegedly misled investors about the company's focus on improving product mix, inventory, and sales execution, particularly in premium brands [1] - The press release on January 8, 2025, revealed a significant decline in sales performance, leading to a drop in stock price from 219.28to219.28 to 181.81 within two days [1] Next Steps for Shareholders - Shareholders who purchased shares during the specified class period should register by April 21, 2025, to participate in the class action [2] - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3]