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ROSEN, LEADING INVESTOR COUNSEL, Encourages Vestis Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-07-14 18:31
Group 1 - The Rosen Law Firm is reminding investors who purchased securities of Vestis Corporation (NYSE: VSTS) between May 2, 2024, and May 6, 2025, about the lead plaintiff deadline of August 8, 2025 [1][2] - Investors may be entitled to compensation through a contingency fee arrangement without any out-of-pocket costs [1][2] - A class action lawsuit has already been filed against Vestis Corporation, and interested parties can join the action by contacting the law firm [2][5] Group 2 - The lawsuit alleges that Vestis Corporation provided misleading statements about its business growth potential while concealing material adverse facts [4] - It is claimed that Vestis would be unable to execute its strategic initiatives aimed at improving customer experience and driving revenue growth [4] - The lawsuit asserts that when the true details about Vestis' business capabilities became known, investors suffered damages [4] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements for investors, including over $438 million in 2019 and has been ranked highly in securities class action settlements since 2013 [3] - The founding partner of the firm was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's reputation in the legal community [3]
The Gross Law Firm Notifies Shareholders of Vestis Corporation(VSTS) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-07-14 13:00
NEW YORK, July 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Vestis Corporation (NYSE: VSTS).Shareholders who purchased shares of VSTS 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/vestis-corporation-loss-submission-form/?id=156353&from=4 CLASS PERIOD: May 2, 2024 to M ...
Class Action Filed Against Vestis Corporation (VSTS) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-07-11 20:25
Core Viewpoint - A class action securities lawsuit has been filed against Vestis Corporation due to alleged 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 misleadingly positive statements while concealing adverse facts about its business growth capabilities [2]. - Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year, and providing third-quarter guidance significantly below market expectations [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, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders and being recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
Vestis Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before August 8, 2025 to Discuss Your Rights - VSTS
Prnewswire· 2025-07-11 13:00
NEW YORK, July 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Vestis Corporation ("Vestis" or the "Company") (NYSE: VSTS) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Vestis investors who were adversely affected by alleged securities fraud between May 2, 2024 and May 6, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/vestis-corporation-lawsuit-submission-form? ...
Shareholders of Vestis Corporation Should Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights – VSTS
GlobeNewswire News Room· 2025-07-07 20:46
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, leading to a significant drop in stock price [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, particularly regarding customer experience and retention efforts [3]. - Following the announcement of disappointing financial results for Q2 2025 and the withdrawal of revenue guidance for the full fiscal year, Vestis' stock price plummeted from $8.71 to $5.44, 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, with a deadline for shareholders to register for participation set for August 8, 2025 [4]. - Shareholders who register will receive updates throughout the case lifecycle and can seek lead plaintiff status without any cost or obligation [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions [5].
The Gross Law Firm Reminds Vestis Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 8, 2025 - VSTS
Prnewswire· 2025-07-07 13:00
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, resulting in a significant stock price decline [1][2]. Group 1: Allegations and Financial Impact - The class period for the allegations against Vestis Corporation is from May 2, 2024, to May 6, 2025 [2]. - The complaint states that Vestis provided overly positive statements while concealing material adverse facts about its business growth capabilities, particularly regarding customer experience and retention [2]. - Following the announcement of disappointing financial results for Q2 fiscal 2025 and the withdrawal of revenue guidance, Vestis' stock price plummeted from $8.71 to $5.44, a decline of approximately 37.54% in one day [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit by August 8, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions by companies [4].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Vestis
GlobeNewswire News Room· 2025-07-06 12:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [3][5]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Vestis between May 2, 2024, and May 6, 2025, to contact them to discuss their legal options [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [3]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [5]. Group 2: Financial Performance and Stock Impact - 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 [6]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in customer volume [6]. - 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 [6].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Vestis
Prnewswire· 2025-07-03 12:05
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth and business strategy [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Vestis between May 2, 2024, and May 6, 2025, to discuss their legal rights [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [2]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [4]. Group 2: Financial Performance and Stock Impact - 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 [5]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in customer volume [5]. - 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 [5].
Vestis Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights – VSTS
GlobeNewswire News Room· 2025-07-02 20:03
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, leading to a significant drop in stock price [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Vestis Corporation provided overly positive statements while concealing material adverse facts about its business growth capabilities, particularly its inability to execute strategic initiatives aimed at improving customer experience and retention [3]. Financial Performance - On May 7, 2025, Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrew its revenue and growth guidance for the full fiscal year, and provided third-quarter guidance that was significantly below market expectations. The company cited "lost business in excess of new business" and "lower adds over stops" as reasons for its poor performance [3]. Stock Price Impact - Following the announcement of poor financial results, 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 just one day [3]. Class Action Details - Shareholders who purchased shares of Vestis during the class period from May 2, 2024, to May 6, 2025, are encouraged to register for the class action lawsuit, with a deadline for lead plaintiff appointment set for August 8, 2025 [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies, emphasizing the importance of responsible business practices [5].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Vestis Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-07-02 15:53
Group 1 - The Rosen Law Firm is reminding investors who purchased securities of Vestis Corporation (NYSE: VSTS) between May 2, 2024, and May 6, 2025, about the lead plaintiff deadline of August 8, 2025 [1][2] - Investors may be entitled to compensation through a contingency fee arrangement, meaning no out-of-pocket fees or costs are required [1] - A class action lawsuit has already been filed against Vestis Corporation, and interested parties can join the action by contacting the law firm [2][5] Group 2 - The lawsuit alleges that Vestis Corporation provided misleading statements about its business growth potential while concealing material adverse facts [4] - It is claimed that Vestis was unable to execute planned strategic initiatives aimed at improving customer experience and driving new customer growth, which ultimately led to investor damages when the truth was revealed [4] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements for investors, including over $438 million in 2019 and has been recognized as a leader in the field of securities class action litigation [3]