Important Information for Investors: Constellation Brands Class Action Lawsuit
On April 1, 2025, Robbins Geller Rudman & Dowd LLP announced that investors who purchased or acquired the securities of Constellation Brands, Inc. (NYSE: STZ) between April 11, 2024, and January 8, 2025, inclusive (the “Class Period”), have until April 21, 2025, to seek appointment as lead plaintiff in a securities class action lawsuit captioned Meza v. Constellation Brands, Inc. This lawsuit alleges that Constellation Brands and certain of its top executives made false and misleading statements and failed to disclose material information to the investing public regarding the Company’s business, operations, and prospects.
Background of Constellation Brands
Constellation Brands is a leading international producer and marketer of beer, wine, and spirits with operations in the United States, Mexico, Canada, New Zealand, and Italy. The Company’s portfolio includes over 100 renowned brands, such as Corona, Modelo, and Pacifico beer; Robert Mondavi and The Prisoner Wine Company; and Svedka vodka, Casa Noble tequila, and High West whiskey.
Allegations in the Class Action Lawsuit
The Meza v. Constellation Brands class action lawsuit alleges that the Company and its executives made false and misleading statements and failed to disclose material information regarding Constellation Brands’ business, operations, and prospects, including:
- Understating and failing to disclose the impact of rising input costs, particularly aluminum and glass, on the Company’s profitability and future financial performance;
- Understating and failing to disclose the impact of changing consumer preferences and increased competition in the beer market on the Company’s sales and earnings;
- Failing to disclose the Company’s internal projections and financial forecasts;
- Failing to disclose that the Company’s growth strategies were not sustainable and that the Company was experiencing declining sales and profitability.
Impact on Individual Investors
If you purchased or acquired Constellation Brands securities during the Class Period, you may be able to recover your losses through the Meza v. Constellation Brands class action lawsuit. You may also be able to serve as a lead plaintiff, which would allow you to make important decisions regarding the direction of the litigation and potentially recover additional damages.
Impact on the World
The allegations in the Meza v. Constellation Brands class action lawsuit have significant implications for the beverage industry as a whole. The lawsuit highlights the increasing importance of transparency and accuracy in corporate disclosures, particularly regarding the impact of rising input costs and changing consumer preferences on a company’s financial performance. It also underscores the need for investors to carefully monitor the actions and statements of the companies in which they invest.
Conclusion
The Meza v. Constellation Brands class action lawsuit is an important development for investors in the beverage industry and beyond. If you purchased or acquired Constellation Brands securities during the Class Period, you may be able to recover your losses and potentially serve as a lead plaintiff in this litigation. The allegations in the lawsuit also serve as a reminder of the importance of transparency and accuracy in corporate disclosures and the need for investors to carefully monitor the actions and statements of the companies in which they invest.
For more information about the Meza v. Constellation Brands class action lawsuit and your potential recovery options, please contact Robbins Geller Rudman & Dowd LLP at (800) 449-4900 or (619) 231-1058, or visit
The information provided herein is not intended to be legal advice, but rather for informational purposes only.
