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STZ Investors Have Opportunity to Lead Constellation Brands Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
STZConstellation Brands(STZ) Prnewswire·2025-04-03 20:15

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 and failed to disclose material information about 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 in its third quarter fiscal year 2025 results, leading to a dramatic decline in stock price from 219.28 on January 8, 2025, to $181.81 on January 10, 2025 [5].