Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Vestis (VSTS) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder 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, Oct. 23, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recognized shar ...

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Vestis (VSTS) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder 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, Oct. 08, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally recognized shar ...

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Vestis Corporation, following allegations of misleading statements regarding the company's growth prospects for fiscal year 2025 [1][2]. Group 1: Allegations of Misleading Information - Insiders at Vestis allegedly provided investors with overly optimistic forecasts about the company's growth, claiming confidence in their ability to execute strategic initiatives aimed at enhancing customer experience and retention [2]. - At the same time, these insiders are accused of disseminating materially false and misleading statements, concealing adverse facts about Vestis' actual capacity to grow its business [2]. Group 2: Legal Action and Shareholder Rights - Shareholders who purchased VSTS shares prior to May 2, 2024, are encouraged to contact Kuehn Law, as there may be limited time to enforce their rights [3]. - Kuehn Law offers to cover all case costs for investor clients, emphasizing the importance of shareholder participation in maintaining market integrity [4].

Core Insights - Riverwater Partners' Small Cap Strategy underperformed the Russell 2000 in Q2 2025 due to a focus on defensive holdings and market preference for low-quality companies [1] - Vestis Corporation (NYSE:VSTS) experienced significant challenges, including a sharp decline in revenue and a net loss, leading to a 71.04% decrease in share value over the past year [2][3] Company Performance - Vestis Corporation's one-month return was -2.29%, with shares closing at $4.26 on September 08, 2025, and a market capitalization of $561.638 million [2] - The company's fiscal third quarter revenue decreased by 3.5% year-over-year to $674 million, indicating ongoing financial difficulties [4] Strategic Moves - In response to financial stress, Vestis eliminated its dividend and amended its credit agreement to improve liquidity, reflecting diminished investor confidence [3] - Despite holding a small position in Vestis, the company may consider selling if the situation does not improve [3] Hedge Fund Interest - Vestis Corporation was held by 34 hedge fund portfolios at the end of Q2 2025, down from 48 in the previous quarter, indicating reduced interest among institutional investors [4]

Core Insights - The article does not provide specific company or industry insights, focusing instead on disclosures and disclaimers related to investment positions and advice [1][2] Group 1 - There are no stock, option, or similar derivative positions held by the analyst in any mentioned companies [1] - The article expresses personal opinions and is not compensated beyond Seeking Alpha [1] - The views may not reflect those of Seeking Alpha as a whole, and the analysts may not be licensed or certified [2]

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].

Core Viewpoint - A class action lawsuit has been filed against Vestis Corporation for allegedly providing misleading statements about its business growth and performance during the class period from May 2, 2024, to May 6, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased or acquired Vestis securities during the specified class period [1]. - Investors have until August 8, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Allegations Against Vestis - The complaint alleges that Vestis made overwhelmingly positive statements while concealing material adverse facts about its business growth capabilities [3]. - Specifically, it is claimed that Vestis would be unable to execute planned strategic initiatives aimed at improving customer experience and driving new customer growth [3]. Group 3: Financial Performance - On May 7, 2025, Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year [4]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in volume changes with existing customers [4]. - Following this 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 - 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].