Johnson Fistel, PLLP Investigates Constellation Brands on Behalf of Long-term Shareholders

Shareholder rights law firm Johnson Fistel, PLLP is investigating potential violations of federal and state securities laws by certain officers and directors of Constellation Brands, Inc. (NYSE: STZ). If you are a current, long-term shareholder and have continuously held your shares during the relevant time period, you may have standing to hold the company harmless from the alleged harm caused by its officers and directors by making them personally responsible. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

Recently a class action lawsuit was filed on February 18, 2025, in the U.S. District Court for the District of Delaware on behalf of investors who purchased shares between April 11, 2024, and January 8, 2025. The complaint alleges that Constellation made materially false and misleading statements concerning its Wine & Spirits and Beer segments, particularly regarding growth, product mix, inventory levels, and sales execution. The company portrayed its inventory increases as a sign of strong demand when in reality, they reflected excess supply and weakening demand. On January 8, 2025, Constellation reported disappointing Q3 FY2025 results and lowered guidance, which caused the stock to fall significantly, from $219.28 to $181.81 per share.