{"id":821049,"date":"2025-03-04T05:52:00","date_gmt":"2025-03-04T10:52:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/"},"modified":"2025-03-04T05:52:00","modified_gmt":"2025-03-04T10:52:00","slug":"class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/","title":{"rendered":"Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors &#8211; Contact Levi &amp; Korsinsky"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 4, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in <b>Constellation Brands, Inc.<\/b> (&#8220;Constellation&#8221; or the &#8220;Company&#8221;) (NYSE: STZ) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Constellation investors who were adversely affected by <span>alleged<\/span> securities <span>fraud<\/span> between <span class=\"xn-chron\">April 11, 2024<\/span> and <span class=\"xn-chron\">January 8, 2025<\/span>. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p>\n        <a href=\"https:\/\/zlk.com\/pslra-1\/constellation-brands-inc-lawsuit-submission-form?prid=133524&amp;wire=4\" rel=\"nofollow\">https:\/\/zlk.com\/pslra-1\/constellation-brands-inc-lawsuit-submission-form?prid=133524&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>STZ<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <a href=\"mailto:at\u00a0jlevi@levikorsinsky.com\u00a0or\" rel=\"nofollow\">at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the complaint, defendants provided investors with material information concerning Constellation&#8217;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.\u00a0 On <span class=\"xn-chron\">January 8, 2025<\/span> defendants issued a press release announcing the Company&#8217;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 &amp; Spirits.\u00a0 Following this news, the price of Constellation&#8217;s common stock declined dramatically. From a closing market price of <span class=\"xn-money\">$219.28<\/span> per share on <span class=\"xn-chron\">January 8, 2025<\/span> to <span class=\"xn-money\">$181.81<\/span> per share on <span class=\"xn-chron\">January 10, 2025<\/span>.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Constellation during the relevant time frame, you have until <b><span class=\"xn-chron\">April 21, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; 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 &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>33 Whitehall Street, 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4374841-13&amp;h=810019196&amp;u=https%3A%2F%2Fwww.zlk.com%2F&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY32432&amp;sd=2025-03-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors--contact-levi--korsinsky-302390882.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors&#8211;contact-levi&#8211;korsinsky-302390882.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY32432&amp;Transmission_Id=202503040545PR_NEWS_USPR_____NY32432&amp;DateId=20250304\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , March 4, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Constellation Brands, Inc. (&#8220;Constellation&#8221; or the &#8220;Company&#8221;) (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=133524&amp;wire=4 STZ\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Constellation&#8217;s full year 2024 fiscal results and financial outlook for 2025 which was &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors &#8211; Contact Levi &amp; Korsinsky&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-821049","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors - Contact Levi &amp; Korsinsky - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors - Contact Levi &amp; Korsinsky - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , March 4, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Constellation Brands, Inc. (&#8220;Constellation&#8221; or the &#8220;Company&#8221;) (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=133524&amp;wire=4 STZ\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Constellation&#8217;s full year 2024 fiscal results and financial outlook for 2025 which was &hellip; Continue reading &quot;Class Action Filed Against Constellation Brands, Inc. 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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=133524&amp;wire=4 STZ\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning Constellation&#8217;s full year 2024 fiscal results and financial outlook for 2025 which was &hellip; Continue reading \"Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors &#8211; Contact Levi &amp; Korsinsky\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-04T10:52:00+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-constellation-brands-inc-stz-seeking-recovery-for-investors-contact-levi-korsinsky\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Class Action Filed Against Constellation Brands, Inc. 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