Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Primo Brands (PRMB) To Contact Him Directly To Discuss Their Options
If you purchased or acquired common stock of Primo Water Corporation between June 17, 2024 through November 8, 2024, inclusive, and/or common stock of Primo Brands between November 11, 2024 through November 6, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648.
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NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) --
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Primo Brands Corporation (“Primo Brands” or the “Company”) (NYSE: PRMB) in the United States District Court for the District of Connecticut on behalf of all persons and entities who purchased or otherwise acquired common stock of Primo Water Corporation between June 17, 2024 through November 8, 2024, inclusive, and/or common stock of Primo Brands between November 11, 2024 through November 6, 2025, both dates inclusive (the “Class Period”).
- Investors have until January 12, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Allegation Details:
- According to the complaint, on June 17, 2024, Primo Water and Blue Triton Brands announced they had agreed to merge in a "[t]ransformative all-stock transaction" and that the combined company is expected to have "significant financial and operating leverage" and "enhanced distribution capabilities" that positioned the combined company "for sustained long-term growth." The deal closed on November 8, 2025.
- The complaint alleges that during the class period, defendants spoke positively about the merger and merger integration process; however, the merger integration between the companies was tracking poorly due to, among other things, technology and service issues. Moreover, contrary to defendants' statements assuring investors that the execution was "flawless," the Company was having major supply disruptions which would negatively impact customers and thus the Company's financial results.
- Plaintiff alleges that on November 6, 2025, Primo Brands revealed that it was replacing its CEO and that the Company was slashing its full year 2025 net sales and adjusted EBITDA guidance. During the corresponding conference call, the newly appointed CEO admitted 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 our ability to get through a lot of the warehouse closures and route realignment without disruption." On this news, the price of the Company's common stock declined $8.20 per share, or more than 36%, from a close of $22.66 per share on November 5, 2025, to close at $14.46 per share on November 7, 2025, wiping out $2.0 billion in market capitalization in two trading days.
Next Steps:
- If you purchased or otherwise acquired Primo Brands shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
