INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Constellation Brands, Inc of Class Action Lawsuit and Upcoming Deadlines - STZ
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Pomerantz LLP has filed a class action lawsuit against Constellation Brands (STZ) alleging potential securities fraud. The lawsuit stems from the company's January 10, 2025 financial disclosure, which revealed a 14% decline in Wine and Spirits net sales and a significant stock price drop of 17.09%. Investors are advised they have until April 21, 2025 to join the class action.
March 23, 2025 | 2:15 pm
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The class action lawsuit alleges potential securities fraud related to Constellation's Wine and Spirits business performance, which saw a 14% net sales decline and significant stock price drop.
The lawsuit and disclosed financial performance suggest potential legal and financial challenges for Constellation Brands, likely to negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100