UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Primo Brands
Prnewswire·2025-11-21 15:41

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Primo Brands Corporation due to alleged violations of federal securities laws related to misleading statements about the merger with BlueTriton Brands and its integration process [2][4]. Group 1: Allegations and Impact - The complaint alleges that Primo Brands and its executives made false and misleading statements regarding the merger, leading investors to believe it would enhance growth and operational efficiencies [4]. - Issues began to surface on August 7, 2025, when Primo Brands reported Q2 2025 earnings, revealing disruptions in product supply and service due to the merger, resulting in a stock price drop of $2.41 or approximately 9% [4][6]. - On November 6, 2025, the company significantly reduced its full-year 2025 net sales and adjusted EBITDA guidance, and announced the replacement of CEO Rietbroek, with new CEO Eric Foss admitting that integration efforts were rushed, causing various operational issues [5]. Group 2: Stock Performance - Following the November 6 disclosure, Primo Brands' stock fell by $8.20 or 36% over two trading sessions, dropping from $22.66 on November 5, 2025, to $14.46 on November 7, 2025 [6]. Group 3: Legal Proceedings - Investors who purchased securities during the specified class periods are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action [2][7]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding the company's conduct [7].

UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Primo Brands - Reportify