Primo Brands Corporation (PRMB) Faces Securities Class Action Amid Botched Integration, CEO Departure -- Hagens Berman

Core Viewpoint - A securities class action lawsuit has been filed against Primo Brands Corporation following issues related to its merger with BlueTriton Brands, alleging misleading statements about the merger's success and integration process [1][3][4]. Group 1: Lawsuit Details - The lawsuit aims to represent investors who acquired Primo Brands' common stock between June 17, 2024, and November 6, 2025 [2][3]. - The firm Hagens Berman is investigating claims against Primo Brands and its executives, urging affected investors to report their losses [2][3][8]. Group 2: Allegations of Misleading Statements - The complaint asserts that Primo's statements regarding the merger's potential for growth and operational efficiencies were false, as the integration was reportedly problematic [3][4]. - Specific issues cited include technology and customer service problems that hindered the company's performance and led to a significant reduction in net sales forecasts [3][4]. Group 3: Financial Impact and Market Reaction - On August 7, 2025, Primo's Q2 financial results revealed integration issues, causing a 9% drop in share price [4]. - Following the announcement of leadership changes and further integration problems on November 6, 2025, Primo's share price plummeted by 36% [5][7][6]. - The company was forced to revise its 2025 revenue forecast from expected growth of 3%-5% to a low single-digit decline [6].