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News  ›  GlobeNewswire Inc.

PRMB 3-DAY DEADLINE ALERT: Primo Brands (PRMB) Facing Class Action Lawsuit Over Allegedly Concealed Merger Failure, CEO Replacement, and “Self-Inflicted” Disruptions - Hagens Berman Scrutinizing

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Hagens Berman
PRMB 3-DAY DEADLINE ALERT: Primo Brands (PRMB) Facing Class Action Lawsuit Over Allegedly Concealed Merger Failure, CEO Replacement, and “Self-Inflicted” Disruptions - Hagens Berman Scrutinizing

Hagens Berman is alerting investors in Primo Brands Corporation (PRMB) of a January 12, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges the company concealed severe operational failures following its merger with BlueTriton Brands, including technology breakdowns and supply disruptions in its ReadyRefresh delivery business. Despite management's repeated assurances of a "flawless" integration, the company slashed EBITDA guidance and replaced its CEO on November 6, 2025, causing a 21% stock crash.

Insights
DIVB   neutral

Routine financial announcement of standard cash distribution with no significant positive or negative implications

PRMB   negative

The company faces a securities class action lawsuit alleging concealed merger integration failures, misrepresentations about operational performance, significant stock price decline (21%), CEO replacement, and substantial EBITDA guidance cuts. These factors indicate serious operational and governance issues that have resulted in material shareholder losses.

Keywords
#class action lawsuit #merger failure #operational crisis #securities fraud #CEO replacement #EBITDA guidance reduction #shareholder losses #technology integration failure

Tickers
PRMB
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