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SoCalGas Declares Preferred Dividends

PR Newswire


LOS ANGELES
, April 1, 2025 /PRNewswire/ — The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows:


SoCalGas:

Preferred Stock

Preferred Stock, Series A

 

$0.375 per share

$0.375 per share

The dividends are payable on July 15, 2025, to shareholders of record on June 10, 2025.

About SoCalGas

SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading North American energy infrastructure company. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas.

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SOURCE Southern California Gas Company

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Fulton Financial Corporation Announces Dates for First Quarter 2025 Earnings Release and Webcast

PR Newswire


LANCASTER, Pa.
, April 1, 2025 /PRNewswire/ — Fulton Financial Corporation (“Fulton“) (Nasdaq: FULT) today announced that it will distribute its first quarter 2025 earnings release and accompanying charts on Tuesday, April 15, at approximately 4:30 p.m. Eastern Time.

Fulton will host a conference call with analysts on Wednesday, April 16, at 10 a.m. Eastern Time. Curtis J. Myers, Chairman and CEO, will host the call. He will be joined by Rick Kraemer, Senior Executive Vice President and CFO.

The link to the webcast of this call can be found at https://investor.fultonbank.com. Participants can also access the audio-only webcast at: https://edge.media-server.com/mmc/p/e77k8e98.

Fulton, a more than $30 billionLancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 200 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Media Contact: Rachel Sharkey (717) 291-2831

Investor Contact: Matt Jozwiak (717) 327-2657

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SOURCE Fulton Financial Corporation

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First Bank Announces First Quarter 2025 Earnings Conference Call

HAMILTON, N.J., April 01, 2025 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company’s financial and operating performance during its first quarter ending on March 31, 2025.

Event: Earnings Conference Call – First Quarter 2025
   
When: Wednesday, April 23, 2025 at 9:00 a.m. Eastern Time
   
Access: Conference Call Dial-In:             
(800) 715-9871  (toll free)
   
  Conference Call Access Code:  
3909613
   

Patrick L. Ryan, President and Chief Executive Officer, Andrew L. Hibshman, Chief Financial Officer, Peter J. Cahill, Chief Lending Officer, and Darleen Gillespie, Chief Retail Banking Officer will provide an overview of first quarter 2025 results. The management presentation typically lasts approximately fifteen to thirty minutes, followed by investor questions and discussion. The Company’s first quarter results will be released after the market closes on Tuesday, April 22, 2025 and will also be available in the “Investor Relations” section of the Company’s website. Conference replay information is also available on the Company’s website, www.firstbanknj.com.

About First Bank

First Bank is a New Jersey state-chartered bank with 26 full-service branches in Cinnaminson, Delanco, Denville, Ewing, Fairfield, Flemington, Hamilton, Lawrence, Monroe, Pennington, Randolph, Somerset, Trenton, Williamstown, and Morristown, New Jersey, Doylestown, Trevose, Warminster, West Chester, Paoli, Malvern, Coventry, Devon, Lionville, Media, Pennsylvania, and Palm Beach, Florida. With $3.78 billion in assets as of December 31, 2024, First Bank offers a traditional range of deposit and loan products to individuals and businesses mainly throughout the New York City to Philadelphia corridor. First Bank’s common stock is listed on the Nasdaq Global Market exchange under the symbol “FRBA”.

Contact

Andrew L. Hibshman, Executive Vice President and CFO
(609) 643-0058, [email protected]



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TBBK Investors Have Opportunity to Lead The Bancorp, Inc. Securities Fraud Lawsuit

PR Newswire


NEW YORK
, April 1, 2025 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Bancorp, Inc. (NASDAQ: TBBK) between January 25, 2024 and March 4, 2025, inclusive (the “Class Period”), of the important May 16, 2025 lead plaintiff deadline.

So what: If you purchased The Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=37146 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Bancorp had underrepresented the significant risk of default or loss on its REBL loan portfolio; (2) Bancorp’s current expected credit loss methodology was insufficient to account for the provision and/or allowance of credit losses; (3) as a result of the foregoing, Bancorp was reasonably likely to increase its provision for credit losses; (4) there were material weaknesses in its internal control over financial reporting; (5) its financial statements had not been approved by its independent auditor; (6) as a result of the foregoing, defendants’ positive statements about Bancorp’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=37146 or https://rosenlegal.com/submit-form/?case_id=28116 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tbbk-investors-have-opportunity-to-lead-the-bancorp-inc-securities-fraud-lawsuit-302417247.html

SOURCE THE ROSEN LAW FIRM, P. A.

Posted on

SANA Investors Have Opportunity to Lead Sana Biotechnology, Inc. Securities Fraud Lawsuit

PR Newswire


NEW YORK
, April 1, 2025 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sana Biotechnology, Inc.  (NASDAQ: SANA) between March 17, 2023 and November 4, 2024, both dates inclusive (the “Class Period”), of the important May 20, 2025 lead plaintiff deadline.

So what: If you purchased Sana securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Sana class action, go to https://rosenlegal.com/submit-form/?case_id=37267 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Sana was at significant risk of having insufficient funds to maintain its current operations and advance one or more of its product candidates; (2) SC291 in oncology, SC379, and SG299 were less promising than defendants had led investors to believe; (3) in order to preserve cash and advance its more promising product candidates, Sana was likely to decrease funding for and/or discontinue SC291 in oncology, SC379, and SG299, as well as significantly reduce its headcount; (4) accordingly, defendants overstated Sana’s financial capacity to maintain its current operations and advance its existing product candidates; and (5) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Sana class action, go to https://rosenlegal.com/submit-form/?case_id=37267 or https://rosenlegal.com/submit-form/?case_id=28116call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sana-investors-have-opportunity-to-lead-sana-biotechnology-inc-securities-fraud-lawsuit-302417233.html

SOURCE THE ROSEN LAW FIRM, P. A.

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Quantum Computing Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before April 28, 2025 to Discuss Your Rights – QUBT

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Quantum Computing Inc. (“Quantum Computing Inc.” or the “Company”) (NASDAQ: QUBT) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Quantum Computing Inc. investors who were adversely affected by alleged securities fraud between March 30, 2020 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/quantum-computing-inc-lawsuit-submission-form?prid=139920&wire=3 

QUBT investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) defendants overstated the capabilities of QCI’s quantum computing technologies, products, and/or services; (ii) defendants overstated the scope and nature of QCI’s relationship with NASA, as well as the scope and nature of QCI’s NASA-related contracts and/or subcontracts; (iii) defendants overstated QCI’s progress in developing a thin film lithium niobate, TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company’s TFLN chips; (iv) QCI’s business dealings with Quad M and millionways both qualified as related party transactions; (v) accordingly, QCI’s revenues relied, at least in part, on undisclosed related party transactions; (vi) all the foregoing, once revealed, was likely to have a significant negative impact on QCI’s business and reputation; and (vii) as a result, defendants’ public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Quantum Computing Inc. during the relevant time frame, you have until April 28, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



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Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights – NEM

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Newmont Corporation (“Newmont” or the “Company”) (NYSE: NEM) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Newmont investors who were adversely affected by alleged securities fraud between February 22, 2024 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=139921&wire=3

NEM investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, on October 23, 2024, Newmont published a press release announcing disappointing EBITDA third quarter 2024 highlights, in addition to decreases in production and increases in operating costs. In pertinent part, Newmont revealed that mining operations at its two Tier 1 assets would see lower production than originally guided with expectations of higher costs at these facilities. Following this news, Newmont’s stock price fell from a closing market price of $57.74 per share on October 23, 2024 to $49.25 per share on October 24, 2024.

WHAT’S NEXT? If you suffered a loss in Newmont during the relevant time frame, you have until April 1, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 15, 2025 in TransMedics Lawsuit – TMDX

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in TransMedics Group, Inc. (“TransMedics” or the “Company”) (NASDAQ: TMDX) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of TransMedics investors who were adversely affected by alleged securities fraud between February 28, 2023 and January 10, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/transmedics-group-inc-lawsuit-submission-form-2?prid=139919&wire=3 

TMDX investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) TransMedics used kickbacks, fraudulent overbilling, and coercive tactics to generate business and revenue; (2) TransMedics engaged in unsafe practices and hid safety issues and generally lacked safety oversight; (3) the foregoing subjected TransMedics to heightened risk of scrutiny and regulatory risk; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT’S NEXT? If you suffered a loss in TransMedics during the relevant time frame, you have until April 15, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



Posted on

Comstock to Host Over The Edge Repelling at Reston Station

Comstock to Host Over The Edge Repelling at Reston Station

Thrilling rappel experience supports the National Military Intelligence Foundation

RESTON, Va.–(BUSINESS WIRE)–
Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it will host Over The Edge, an adrenaline-pumping fundraising event in support of the National Military Intelligence Foundation (“NMIF”), on Saturday, April 5, 2025 at Reston Station.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250401312027/en/

1900 Reston Metro Plaza at Reston Station

1900 Reston Metro Plaza at Reston Station

This one-of-a-kind thrilling experience invites select participants to rappel 17 stories from the Helmut Jahn-designed office building at 1900 Reston Metro Plaza, one of the most iconic and recognizable landmarks along the Dulles Corridor, in support of NMIF’s mission to assist veterans and provide scholarships to students pursuing careers in national security. All individuals who reach the established fundraising threshold will earn the opportunity to go Over The Edge. Those who prefer to attend and keep their feet on the ground are encouraged to submit donations here to support both NMIF and those making the descent. Safety and instruction for participants will be provided by Over The Edge Global, a leading industrial rappelling event company ensuring a secure and exhilarating experience.

“We are thrilled and deeply grateful to be partnering with Comstock and Over The Edge for what promises to be the most exhilarating fundraising event in our 51-year history as a national-level, 501c(3) non-profit organization,” stated retired Army Lieutenant Colonel Stephen Iwicki, President of NMIF.

Comstock will kick off the weekend’s festivities with a special VIP event held at Reston Station on Friday, April 4th that will be attended by Virginia Senate Majority Leader Scott Surovell, executive leadership from SOS International (SOSi), members of the intelligence community, the Fairfax County Police Chief, and local media. This exclusive gathering will spotlight the strong community support behind the mission and set the stage for an impactful weekend.

“Hosting Over The Edge at 1900 Reston Metro Plaza aligns perfectly with our commitment to fostering community engagement and supporting impactful causes,” said Tim Steffan, Chief Operating Officer of Comstock. “We are honored to partner with NMIF for this exciting event that directly benefits veterans and aspiring professionals in the national security field.”

Reston Station is among the largest mixed-use developments in the mid-Atlantic region, spanning 90 acres around the Wiehle-Reston East Station on Metro’s Silver Line. It features Trophy-Class office buildings that serve as national or regional headquarters for Google, ICF International, Spotify, Carfax, and more. Reston Station is currently home to more than 2,000 residents and includes a diverse array of premier dining and retail options. The development is scheduled to expand rapidly this year, including the delivery of over 500 new residential units, exciting new dining and entertainment offerings, and Virginia’s first JW Marriott Hotel & Residences. For more information, please visit RestonStation.com.

To register or donate please visit:Over The Edge

About Comstock

Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com.

[email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Other Defense Philanthropy Other Construction & Property Commercial Building & Real Estate Defense Construction & Property Fund Raising Homeland Security Building Systems REIT Other Philanthropy Public Policy/Government Veterans

MEDIA:

Photo
Photo
1900 Reston Metro Plaza at Reston Station
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Class Action Filed Against Constellation Brands, Inc. (STZ) – April 21, 2025 Deadline to Join – Contact Levi & Korsinsky

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Constellation Brands, Inc. (“Constellation” or the “Company”) (NYSE: STZ) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Constellation investors who were adversely affected by alleged securities fraud between April 11, 2024 and January 8, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/constellation-brands-inc-lawsuit-submission-form?prid=139918&wire=3

STZ investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Constellation’s full year 2024 fiscal results and financial outlook for 2025 which was based in material part on defendants enhanced focus on improving mix, inventory and sales execution in its Wine and Spirits business, specifically focusing efforts within its premium and above brands to drive more consistent growth. Additionally, defendants made investments in media spend and price promotions as well as adjustments in sales capabilities to support distributor partners. On January 8, 2025 defendants issued a press release announcing the Company’s third quarter fiscal year 2025 results. In pertinent part, defendants presented a significant miss on sales performance in the Beer segment and an even steeper miss for the Wine & Spirits. Following this news, the price of Constellation’s common stock declined dramatically. From a closing market price of $219.28 per share on January 8, 2025 to $181.81 per share on January 10, 2025.

WHAT’S NEXT? If you suffered a loss in Constellation during the relevant time frame, you have until April 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com