
Johnson Fistel, PLLP Investigates Constellation Brands, Atkore, Dick's Sporting Goods, And FMC Corporation On Behalf Of Long-Term Shareholders
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Constellation Brands, Inc. (NYSE: STZ)
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 Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning Constellation's ability to deliver increased profitability, specifically in its Wine and Spirits division, causing Plaintiff and other shareholders to purchase Constellation's securities at artificially inflated prices.
Atkore Inc. (NYSE: ATKR)
A class action lawsuit was filed on February 21, 2025, in the U.S. District Court for the Northern District of Illinois on behalf of investors who purchased shares between February 1, 2024, and February 3, 2025. The Complaint alleges that during the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose that: (1) Atkore engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC Pipes; (2) in turn, Atkore reaped significant, unsustainable financial benefits from its anticompetitive conduct; (3) as Atkore's price-fixing scheme was exposed, the Company and its price fixing co-conspirators were no longer able to artificially inflate the price of PVC Pipes, resulting in a substantial decrease in the price of PVC Pipes; (4) Atkore's business and operations were negatively impacted; and (5) as a result of the above, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Dick's Sporting Goods, Inc. (NYSE: DKS)
A class action lawsuit was filed on February 15, 2024, in the U.S. District Court for the Western District of Pennsylvania. The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (i) demand for products in DSG's Outdoor segment was slowing faster than Defendants represented, resulting in excess inventory; (ii) the“structural changes” that Defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company's profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company's profitability; and (iv) as a result of (i)-(iii) above, Defendants' statements about DSG's business condition and prospects were materially false and misleading when made.
FMC Corporation (NYSE: FMC)
A class action lawsuit was filed on February 13, 2025, in the U.S. District Court for the Eastern District of Pennsylvania on behalf of investors who purchased shares between November 16, 2023, and February 4, 2025. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors: (1) the Company's channel management initiatives were not progressing as represented; (2) that, faced with pricing pressure, the Company had made the decision not to compete on prices and instead walk away from sales opportunities; (3) that, as a result, the Company had inflated inventory in the channels in“LATAM, including Brazil, Asia, including India, as well as Canada and Eastern Europe;” and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on U.S. exchanges. For more information about the firm and how we may be able to help you recover your losses, please visit .
Achievements:
In 2024, Johnson Fistel was ranked in the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. The firm has recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel, marking the eighth time it has been recognized among the top U.S. plaintiffs' securities law firms.
Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq.
(619) 814-4471 | ... or ...


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