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STZ Investors Have the Opportunity to Lead the Constellation Brands Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
STZConstellation Brands(STZ) 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].