Primo Brands Corporation Class Action Lawsuit - PRMB
Case Summary
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The Primo Brands class action lawsuit seeks to represent purchasers or acquirers of Primo Brands Corporation (NYSE: PRMB) common stock between November 11, 2024 and November 6, 2025, inclusive (the “Class Period”), including purchasers of common stock of Primo Water Corporation (“Primo Water”) between June 17, 2024 and November 8, 2024, inclusive. Captioned Rosenblum v. Primo Brands Corporation, No. 25-cv-01902 (D. Conn.), the Primo Brands class action lawsuit charges Primo Brands and certain of Primo Brands’ top current and former executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Primo Brands class action lawsuit, please provide your information in the form on this page. You can also contact attorney J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Primo Brands class action lawsuit must be filed with the court no later than January 12, 2026.
CASE ALLEGATIONS: Primo Brands operates as a branded beverage company in North America. According to the complaint, on June 17, 2024, Primo Water and BlueTriton Brands, Inc. announced that the two companies had agreed to merge in a “[t]ransformative all-stock transaction” to form Primo Brands.
The Primo Brands class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statement and/or failed to disclose that the merger integration between Primo Water and BlueTriton Brands was tracking poorly due to, among other things, technology and services issues.
The Primo Brands class action lawsuit further alleges that on August 7, 2025, Primo Brands announced its second quarter 2025 financial results and then-CEO, defendant Robbert Rietbroek, admitted on the corresponding earnings call that “[t]he speed by which we closed facilities and reduced headcount led to disruptions in product supply, delivery, and service.” On this news, the price of Primo Brands stock fell more than 9%, according to the complaint.
Then, on November 6, 2025, the Primo Brands class action lawsuit alleges that Primo Brands revealed that defendant Robbert Rietbroek was being replaced as CEO and that Primo Brands was slashing its full year 2025 net sales and adjusted EBITDA guidance. Newly appointed CEO Eric Foss allegedly admitted that Primo Brands “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.” The complaint further alleges that Primo Brands was forced to reduce its 2025 forecast to a low single digit decline, after previously cutting its outlook from expected growth of +3-5% to roughly flat or up just 1%. On this news, the price of Primo Brands stock fell more than 36% over two trading sessions, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Primo Brands common stock during the Class Period, including purchasers of Primo Water common stock between June 17, 2024 and November 8, 2024, to seek appointment as lead plaintiff in the Primo Brands class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Primo Brands investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Primo Brands shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Primo Brands class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.