Accessibility StatementSkip Navigation NEW YORK, Sept. 9, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Vestis Corporation (NYSE: VSTS) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Vestis caused the company to provide investors with material information concerning Vestis' expected growth for the fiscal year 2025. The statements included, among other things, confide ...

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Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Vestis Corporation due to a class action complaint alleging breaches of fiduciary duties by the board of directors during the specified class period [2][3]. Group 1: Legal Investigation - A class action complaint was filed against Vestis on August 8, 2025, concerning the period from May 2, 2024, to May 6, 2025 [2]. - The investigation focuses on whether the board of directors of Vestis has breached their fiduciary duties to the company [2]. Group 2: Allegations and Financial Performance - The complaint alleges that defendants made overwhelmingly positive statements while concealing material adverse facts about Vestis' business growth capabilities [3]. - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [4]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Vestis Corporation during the specified class period of the upcoming lead plaintiff deadline on August 8, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Vestis Corporation, and investors who wish to serve as lead plaintiffs must act by August 8, 2025 [2]. - The lawsuit alleges that Vestis provided misleading statements about its business growth and strategic initiatives, which ultimately led to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3].

Core Viewpoint - A class action securities lawsuit has been filed against Vestis Corporation, alleging securities fraud that negatively impacted investors between May 2, 2024, and May 6, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Vestis provided misleading positive statements while concealing adverse facts about its business growth capabilities [2]. - Vestis announced disappointing financial results for Q2 2025, withdrawing its revenue guidance for the full fiscal year and providing lower-than-expected guidance for Q3 2025 [2]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until August 8, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [3]. Group 3: Firm Background - Levi & Korsinsky 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 as one of the top securities litigation firms in the United States for seven consecutive years [4].

Bragar Eagel & Squire, P.C. Litigation Attorney Brandon Walker Encourages Investors Who Suffered Losses In Vestis (VSTS) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Vestis between May 2, 2024, to May 6, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder right ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Vestis Corporation regarding a class action lawsuit due to allegations of misleading statements and failure to meet growth expectations [1][3]. Allegations and Financial Impact - The allegations state that Vestis Corporation provided overly positive statements while concealing material adverse facts about its business growth capabilities [3]. - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025, attributing the poor performance to "lost business in excess of new business" and "lower adds over stops" [3]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [3]. Class Action Details - The class period for the lawsuit is defined as May 2, 2024, to May 6, 2025, and shareholders are encouraged to register for participation [3][4]. - The deadline for shareholders to seek lead plaintiff status is August 8, 2025, and there is no cost to participate in the case [4]. Firm's Commitment - The Gross Law Firm emphasizes its mission to protect investors' rights and ensure companies adhere to responsible business practices [5].

Group 1 - The Portnoy Law Firm is advising investors of Vestis Corporation regarding a class action lawsuit for those who purchased securities between May 2, 2024, and May 6, 2025 [1][2] - The lawsuit alleges that Vestis misled investors by presenting false information about its revenue forecasts and growth projections while downplaying risks related to seasonality and economic conditions [3] - On May 7, 2025, Vestis withdrew its full-year 2025 revenue and growth guidance, leading to a stock price drop of over 37% after the announcement of disappointing third-quarter forecasts [4] Group 2 - Vestis provides uniform rental services and workplace supplies across the United States and Canada [2] - The company claimed a return to positive growth in fiscal 2025, which was later deemed unfounded as it faced a substantial decline in revenue from existing customers [3] - The firm attributed its disappointing results to "lost business exceeding new business" and cited an "increasingly uncertain macro environment" as a reason for withdrawing its outlook [4]

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Vestis' ability to grow its bu ...