Core Viewpoint - The article discusses a class action lawsuit against Constellation Brands, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on the company's misleading information regarding its Wine and Spirits business and poor sales performance [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Meza v. Constellation Brands, Inc., and it involves purchasers of Constellation Brands securities from April 11, 2024, to January 8, 2025 [1]. - Investors have until April 21, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Constellation Brands and its executives created a false impression of reliable information regarding the company's business and failed to disclose ineffective investments in media and sales capabilities [3]. Group 2: Financial Performance - On January 10, 2025, Constellation Brands reported third quarter fiscal year 2025 results, showing a significant miss in sales performance for both the Beer and Wine and Spirits segments [4]. - The announcement of poor sales performance led to a decline in the stock price of Constellation Brands [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is noted for its success in securing monetary relief for investors in securities fraud cases [6]. - The firm has recovered $6.6 billion for investors in securities-related class action cases over the last four years, significantly more than any other law firm [6].
STZ INVESTOR ALERT: Constellation Brands, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit