Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Trade Desk, Semtech, Venture Global, and Constellation and Encourages Investors to Contact the Firm

/EIN News/ -- NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of The Trade Desk, Inc. (NASDAQ:TTD), Semtech Corporation (NASDAQ:SMTC), Venture Global, Inc. (NYSE:VG), and Constellation Brands, Inc. (NYSE:STZ). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

The Trade Desk, Inc. (NASDAQ:TTD)

Class Period: May 9, 2024 - February 12, 2025

Lead Plaintiff Deadline: April 21, 2025

The Class Action alleges that, during the Class Period, the Defendants made materially false and misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects, including that: (1) Trade Desk was experiencing significant, ongoing, self-inflicted execution challenges rolling out Kokai, including transitioning clients to Kokai from the Company’s older platform Solimar; (2) such execution challenges meaningfully delayed the Kokai Rollout; (3) Trade Desk’s inability to effectively execute the Kokai Rollout negatively impacted the Company’s business and operations, particularly revenue growth; and (4) as a result of the above, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.  

For more information on the Trade Desk class action go to: https://bespc.com/cases/TTD

Semtech Corporation (NASDAQ:SMTC)

Class Period: August 27, 2024 - February 7, 2025

Lead Plaintiff Deadline: April 22, 2025

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 allegedly failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as a result of the foregoing, the Company’s sales of CopperEdge products would not ramp-up during fiscal 2026; (4) that, as a result, sales of CopperEdge products would be lower-than-expected; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

For more information on the Semtech class action go to: https://bespc.com/cases/SMTC

Venture Global, Inc. (NYSE:VG)

Class Period: Pursuant and/or traceable to Venture’s registration statement for the initial public offering held on or about January 24, 2025

Lead Plaintiff Deadline: April 18, 2025

The Complaint alleges that Venture Global made false and/or misleading statements and/or failed to disclose that: (1) Venture Global's ability to deliver liquefied natural gas (LNG) to the world and to continue development of its five natural gas liquefication and export projects depended on customer contracts; (2) Venture Global was facing legal challenges from existing large clients, such as BP and Shell, due to delays in supply contracts as it commissioned its projects; and (3) accordingly, Venture Global's business and/or financial prospects were overstated.

For more information on the Venture Global class action go to: https://bespc.com/cases/VG

Constellation Brands, Inc. (NYSE:STZ)

Class Period: April 11, 2024 - January 8, 2025

Lead Plaintiff Deadline: April 21, 2025

According to the complaint, defendants provided investors with material information concerning Constellation's full year 2024 fiscal results and financial outlook for 2025 which was based in material part on defendants enhanced focus on improving mix, inventory and sales execution in its Wine and Spirits business, specifically focusing efforts within its premium and above brands to drive more consistent growth. Additionally, defendants made investments in media spend and price promotions as well as adjustments in sales capabilities to support distributor partners.

On January 8, 2025 defendants issued a press release announcing the Company's third quarter fiscal year 2025 results. In pertinent part, defendants presented a significant miss on sales performance in the Beer segment and an even steeper miss for the Wine & Spirits.

Following this news, the price of Constellation's common stock declined dramatically. From a closing market price of $219.28 per share on January 8, 2025 to $181.81 per share on January 10, 2025.

For more information on the Constellation class action go to: https://bespc.com/cases/STZ

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com