Important Notice to Constellation Brands, Inc. (STZ) Shareholders: A Legal Perspective
New York, NY, March 20, 2025 – The Gross Law Firm, a leading securities fraud law firm, issues the following notice to all investors who purchased Constellation Brands, Inc. (NYSE: STZ) securities between January 1, 2023, and December 31, 2024. If you suffered losses exceeding $100,000, you may be entitled to join a potential securities class action lawsuit against Constellation Brands.
Background
Constellation Brands, Inc., an international producer and marketer of beer, wine, and spirits, reported its Q4 2024 financial results on January 26, 2025. The company announced a net sales decline of 3.8% and a 10.5% drop in earnings per share compared to the same period in the previous year. This disappointing financial performance led to a significant stock price decline, causing concern among investors.
Alleged Securities Law Violations
The Gross Law Firm alleges that Constellation Brands and certain of its executives may have violated the Securities Exchange Act of 1934 by making false and/or misleading statements and/or failing to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, the firm believes that Constellation Brands failed to disclose known issues affecting its business, including:
- Severe weather conditions impacting agricultural production
- Supply chain disruptions due to the COVID-19 pandemic
- Intensifying competition in the beer market
Despite being aware of these issues, Constellation Brands reportedly made materially false and misleading statements regarding the company’s business outlook and financial performance.
Potential Impact on Shareholders
If the allegations against Constellation Brands and its executives are proven true, shareholders who purchased the company’s securities during the specified time frame may be able to recover their losses through a securities class action lawsuit. This potential recovery could include damages for their financial losses and out-of-pocket costs incurred in connection with the purchase and sale of their securities.
Global Implications
The securities fraud allegations against Constellation Brands could have far-reaching implications for the global market. This case serves as a reminder that companies must provide accurate and timely information to their investors. Failure to do so could result in significant financial losses for shareholders and damage to the company’s reputation. Moreover, it may deter investors from trusting the stock market and investing in companies, potentially impacting economic growth.
Conclusion
The Gross Law Firm’s notice to Constellation Brands shareholders highlights the importance of transparency and honesty in corporate reporting. As investors, it is our responsibility to be informed about the companies we invest in, and we rely on accurate information to make informed decisions. If you believe you have suffered losses due to alleged securities fraud, contact The Gross Law Firm to discuss your potential recovery options.
As a global community, we must hold companies accountable for their actions and ensure that investors are protected. By working together, we can create a more transparent and trustworthy financial market for all.