Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action

Core Viewpoint - A class action lawsuit has been filed against Primo Brands Corporation (PRMB) for securities fraud, affecting shareholders who purchased stock during specified periods [1][5]. Summary by Sections Class Action Details - The lawsuit is on behalf of shareholders who acquired Primo Brands or Primo Water Corporation common stock between June 17, 2024, and November 8, 2024, and between November 11, 2024, and November 6, 2025 [1]. - Investors have until January 12, 2026, to file a lead plaintiff motion [1]. Company Events - On November 8, 2024, Primo Water merged with BlueTriton Brands, leading to the formation of Primo Brands [3]. - On August 7, 2025, the company reported disruptions in product supply and service due to rapid facility closures and headcount reductions, resulting in a stock price drop of $2.41, or 9.1%, closing at $24.00 per share [3]. - On November 6, 2025, the company announced a CEO replacement and lowered its full-year 2025 net sales and adjusted EBITDA guidance, causing a further stock price decline of $8.20, or 36.2%, to close at $14.46 per share [4]. Allegations in the Lawsuit - The lawsuit alleges that during the class period, the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [5][6]. - Specific failures included not disclosing poor merger integration tracking, major supply disruptions, and misleading positive statements regarding the company's business [6].