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 its 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 in Wine and Spirits segment performance.
The lawsuit alleges material misrepresentations about financial performance, which could negatively impact investor confidence and potentially lead to financial penalties or settlements.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100