Constellation Brands, Inc. (NYSE: STZ)

This lawsuit is for anyone who acquired securities in Constellation Brands, Inc. (NYSE: STZ) from April 11, 2024 through January 8, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely disclose that the Company would miss guidance.

On January 10, 2025, Constellation released its third quarter fiscal 2025 financial results, revealing a significant decline in net sales, citing “ongoing weaker consumer demand and continued retailer inventory destocking across most price segments in the U.S. wholesale market.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Constellation Brands, Inc. (NYSE: STZ) from April 11, 2024 through January 8, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.