Shareholders That Lost Money on Constellation Brands, Inc. (STZ) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Constellation Brands (STZ) alleging securities fraud between April 11, 2024 and January 8, 2025. The lawsuit claims the company misrepresented its financial outlook, particularly in the Wine and Spirits segment, leading to a significant stock price decline from $219.28 to $181.81 per share.
March 28, 2025 | 10:30 am
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The class action lawsuit targets Constellation Brands' alleged misrepresentation of financial performance, specifically in the Beer and Wine & Spirits segments, which led to a significant stock price drop.
The lawsuit directly impacts STZ by alleging securities fraud, which could lead to financial penalties, reputational damage, and potential further stock price decline. The significant stock price drop and legal action suggest negative short-term market sentiment.
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