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Press Release
hsmith@howardsmithlaw.comThis lawsuit is for anyone who acquired securities in Primo Brands Corporation (NYSE: PRMB) from June 17, 2024 through November 6, 2025.
The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company’s merger with BlueTriton Brands was going better than the Company knew was the case.
On August 7, 2025, Primo Brands released its second quarter 2025 financial results and disclosed on the corresponding earnings call that “[t]he speed by which [the Company] closed facilities and reduced headcount led to disruptions in product supply, delivery, and service.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on November 6, 2025, Primo Brands disclosed that it was replacing its CEO and that it was lowering its full year 2025 net sales and adjusted EBITDA guidance, admitting that the Company “probably moved too far too fast on some of the various integration work streams” and that “[t]here’s no doubt that speed impacted [the Company’s] ability to get through a lot of the warehouse closures and route realignment without disruption.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Primo Brands Corporation (NYSE: PRMB) from June 17, 2024 through November 6, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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