STZ INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bronstein, Gewirtz & Grossman, LLC Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
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Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Constellation Brands (STZ) alleging securities law violations. The lawsuit claims the company provided misleading information about its fiscal year 2024 results and 2025 financial outlook, particularly in the Wine and Spirits segment. Following a press release on January 8, 2025, revealing significant sales performance misses, STZ's stock price dropped from $219.28 to $181.81 per share.
March 21, 2025 | 11:15 am
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The class action lawsuit targets STZ's financial disclosures during the period of April 11, 2024 to January 8, 2025, focusing on alleged misrepresentations about sales performance in Beer and Wine & Spirits segments.
The lawsuit alleges securities fraud, which could result in financial penalties, reputational damage, and potential stock price suppression. The significant stock price drop and pending legal action suggest negative short-term market sentiment.
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