Constellation Brands(STZ) Prnewswire·2025-04-21 09:45Core Viewpoint - 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 financial performance and outlook, particularly in its Wine and Spirits segment [1]. Summary by Sections Allegations - The complaint alleges that Constellation Brands provided investors with misleading information regarding its fiscal year 2024 results and the financial outlook for 2025, focusing on improving sales execution in its Wine and Spirits business [1]. - The company emphasized efforts in premium brands to drive consistent growth and made investments in media spending and price promotions [1]. - 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 181.81 within two days [1]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action, with a deadline set for April 21, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].