NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Grocery Outlet Holding Corp. (NASDAQ: GO).Shareholders who purchased shares of GO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/grocery-outlet-holding-corp-loss-submission-form/?id=137066&from=4CLASS PERIOD: ...

Core Viewpoint - A class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged violations of securities laws, specifically related to misleading statements about its system transition and its impact on sales and margins [1][4]. Group 1: Lawsuit Details - The lawsuit is based on claims that Grocery Outlet made false and misleading statements regarding the potential negative impacts of its system transition, despite indications of implementation errors [4]. - The class period for the lawsuit is defined as between November 7, 2023, and May 7, 2024, during which investors are encouraged to participate if they suffered losses [2]. Group 2: Investor Information - Investors who purchased Grocery Outlet securities during the class period are urged to contact the Schall Law Firm before March 31, 2025, to discuss their rights [2][3]. - The class has not yet been certified, meaning that until certification occurs, affected investors are not represented by an attorney [3].

NEW YORK, March 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Grocery Outlet Holding Corp. ("Grocery Outlet" or the "Company") (NASDAQ: GO) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Grocery Outlet investors who were adversely affected by alleged securities fraud between November 7, 2023 and May 7, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/grocery-out ...

Core Viewpoint - A securities class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged misconduct during the Class Period from November 7, 2023, to May 7, 2024, following significant stock price declines due to undisclosed issues related to a Systems Transition [1][5]. Group 1: Allegations and Impact - The lawsuit claims that during the earnings call on November 7, 2023, Grocery Outlet's management misled investors about the reliability of information regarding the Systems Transition and downplayed potential financial risks [3][4]. - On May 7, 2024, the company reported first quarter results that revealed a larger-than-expected negative impact from the Systems Transition, leading to a stock price drop from $25.90 to $20.88, a decline of approximately 19.38% in one day [5]. Group 2: Legal Process - Investors affected by Grocery Outlet's stock performance can seek to be appointed as lead plaintiffs by March 31, 2025, through Kessler Topaz Meltzer & Check, LLP, or may choose to remain absent class members [6]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [6]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering significant amounts for victims of corporate misconduct [7].

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Grocery Outlet Holding Corp. (NASDAQ: GO). Shareholders who purchased shares of GO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/grocery-outlet-holding-corp-loss-submission-form/?id=136044&from=3  CLAS ...

Core Viewpoint - Grocery Outlet Holding Corp. has faced significant stock price decline following the announcement of disappointing financial results and lowered guidance for fiscal year 2024, attributed to unforeseen costs related to system transitions and inventory counts [1]. Group 1: Financial Performance - Grocery Outlet announced its financial results for Q1 of fiscal 2024 on May 7, 2024, which were significantly below expectations [1]. - The company reduced its guidance for Q2 and the full fiscal year 2024 due to unforeseen systems transition costs and residual expenses from its commission support program [1]. - Following the announcement, Grocery Outlet's stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [1]. Group 2: Legal Action - Shareholders who purchased shares during the class period from November 7, 2023, to May 7, 2024, are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment [1][2]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is March 31, 2025 [2]. - Participation in the case incurs no cost or obligation for shareholders, and they will receive updates through portfolio monitoring software [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - Grocery Outlet Holding Corp. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between November 7, 2023, and May 7, 2024 [1] Group 1: Case Details - On May 7, 2024, Grocery Outlet announced its Q1 fiscal 2024 financial results, which were significantly below expectations, and it lowered guidance for Q2 and the full fiscal year 2024 [2] - The company cited "unforeseen systems transition costs" and "residual expense from our commission support program" as reasons for the disappointing results and lowered guidance [2] - Following the announcement, Grocery Outlet's stock price dropped to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request appointment as lead plaintiff in the lawsuit [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Grocery Outlet Holding Corp due to allegations of violations of federal securities laws related to misleading statements and undisclosed issues regarding the company's transition to new systems [4][5]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Grocery Outlet between November 7, 2023, and May 7, 2024, to discuss their legal rights [1]. - There is a deadline of March 31, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Grocery Outlet [2]. Group 2: Financial Performance - Grocery Outlet reported Q1 2024 earnings that significantly fell below expectations and subsequently lowered its guidance for the year, attributing the decrease to disruptions from new technology implementations and commission support [5]. - Following the disappointing earnings report, Grocery Outlet's stock price dropped by $5.02 per share, approximately 19.38%, closing at $20.88 per share on May 8, 2024 [6]. Group 3: Company Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in New York, Pennsylvania, California, and Georgia [3].

Core Viewpoint - Grocery Outlet Holding Corp. has faced significant stock price decline following disappointing financial results and lowered guidance for fiscal year 2024, attributed to unforeseen costs related to system transitions and inventory counts [1] Group 1: Financial Performance - Grocery Outlet announced its first quarter financial results for fiscal 2024 on May 7, 2024, which were significantly below expectations [1] - The company reduced its guidance for the second quarter and the full fiscal year 2024 due to unforeseen systems transition costs and residual expenses from its commission support program [1] Group 2: Stock Price Impact - Following the announcement of poor financial results and lowered guidance, Grocery Outlet's stock price fell to $20.88 per share on May 8, 2024, marking a decline of approximately 19.38% in one day [1] Group 3: Legal Action - Shareholders who purchased shares during the class period from November 7, 2023, to May 7, 2024, are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment in a class action lawsuit [1][2] - The deadline for shareholders to register for the class action and seek lead plaintiff status is March 31, 2025 [2]

Core Viewpoint - A securities class action lawsuit has been filed against Grocery Outlet Holding Corp. for alleged misconduct during the Class Period from November 7, 2023, to May 7, 2024, with a lead plaintiff deadline set for March 31, 2025 [1][6]. Group 1: Allegations and Impact - The lawsuit claims that during the Class Period, Grocery Outlet misled investors regarding the reliability of information about its ongoing Systems Transition, which began in August 2023 [3][4]. - On May 7, 2024, Grocery Outlet reported first quarter fiscal year 2024 results that revealed a larger-than-expected negative impact from the Systems Transition, leading to a significant stock price drop from $25.90 to $20.88, a decline of approximately 19.38% in one day [5]. Group 2: Legal Process and Representation - Investors affected by Grocery Outlet's stock performance can seek to be appointed as lead plaintiffs by March 31, 2025, or remain absent class members [6]. - The lead plaintiff will represent the interests of all class members and select legal counsel to direct the litigation [6].