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Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased Primo Brands Corporation (“Primo Brands” or the “Company”) (NYSE: PRMB) or otherwise acquired: (1) Primo Water Corporation (“Primo Water”) common stock between June 17, 2024 and November 8, 2024, inclusive; and/or (2) Primo Brands common stock between November 11, 2024 and November 6, 2025, inclusive (the “Class Period”). Primo Brands investors have until January 12, 2026 to file a lead plaintiff motion.

Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action

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IF YOU SUFFERED A LOSS ON YOUR PRIMO BRANDS CORPORATION (PRMB) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.

You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com.

What Happened?

On November 8, 2024, Primo Water completed a merger with an affiliate of BlueTriton Brands, Inc. (“BlueTriton Brands”) with the combined entity operating as Primo Brands.

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, Primo Brands’ stock price fell $2.41, or 9.1%, to close at $24.00 per share on August 7, 2025, thereby injuring investors.

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, Primo Brands’ stock price fell $8.20, or 36.2%, over two consecutive trading days to close at $14.46 per share on November 7, 2025, thereby injuring investors further.

What Is The Lawsuit About?

The complaint filed in this class action 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, Defendants failed to disclose to investors that: (1) the merger integration between Primo Water and BlueTriton Brands was tracking poorly due to, among other things, technology and service issues; (2) the Company was having major supply disruptions which would negatively impact customers and thus the Company’s financial results; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you purchased Primo Brands common stock, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at:

Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Telephone: 310-914-5007
Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Telephone: 310-914-5007
Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com

The Law Offices of Frank R. Cruz

NYSE:PRMB

Release Summary
Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action
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Contacts

Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Telephone: 310-914-5007
Email: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com

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