Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Watsco, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Watsco, Inc. (“Watsco” or “the Company”) (NYSE: WSO). Investors who purchased Watsco securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Watsco has violated federal securities laws.
Investigation Details
On April 23, 2025, Watsco announced its financial results for Q1 2025. The Company reported a 2% year-over-year revenue decline, missing consensus estimates. The Company claimed its “results reflect the early stages of a large-scale product transition from regulatory changes that went into effect January 1, 2025, which affects approximately 55% of Watsco’s sales and will ultimately convert nearly $1 billion of inventory over the course of the year.” Following this news, Watsco stock dropped over 11% on that same day.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Watsco securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
WSO — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”