PRMB, PRMW Investors Have Opportunity to Lead Primo Brands Corporation Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of common stock of Primo Water Corporation and Primo Brands Corporation, alleging misrepresentation and failure to disclose key facts regarding the merger between the two companies [1][5]. Group 1: Class Action Details - The class action lawsuit covers purchasers of Primo Water common stock from June 17, 2024, to November 8, 2024, and purchasers of Primo Brands common stock from November 11, 2024, to November 6, 2025 [1]. - Investors who purchased securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by January 12, 2026, to represent other class members in directing the litigation [3]. Group 2: Allegations Against Defendants - The lawsuit claims that defendants misrepresented the merger's progress and failed to disclose critical facts, leading investors to believe the merger would enhance growth and operational efficiencies [5]. - It is alleged that the defendants issued materially false and misleading statements about the merger integration, which was claimed to be proceeding "flawlessly" [5]. - When the true details of the merger were revealed, investors reportedly suffered damages [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].