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]. - Hagens Berman, a prominent shareholder rights law firm, is investigating the claims against Primo Brands and its executives [2][8]. - The litigation focuses on claims that Primo's assurances regarding the merger's benefits were false, as the integration was reportedly problematic and negatively impacted the company's performance [3][4]. Group 2: Financial Impact - Investors began to realize the issues on August 7, 2025, when Primo announced its Q2 2025 results, revealing disruptions in product supply and service due to rapid operational changes [4][6]. - Following the announcement of significant integration issues and a change in leadership on November 6, 2025, Primo was forced to revise its 2025 revenue forecast from expected growth of 3%-5% to a low single-digit decline [6][7]. - The market reacted negatively, with Primo's share price dropping by $8.20 (-36%) the day after the announcement [7].