Core Viewpoint - A class action lawsuit has been filed against Vestis Corporation for alleged securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit involves claims that Vestis and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased Vestis securities during the Class Period have until August 8, 2025, to request to be appointed as Lead Plaintiff [3]. Group 2: Financial Performance - On May 7, 2025, Vestis announced its financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year [3]. - The company provided third-quarter guidance that was significantly below market expectations, attributing poor results to "lost business in excess of new business" and "volume changes with existing customers" [3]. - Following this announcement, Vestis's stock price fell by $3.27 per share, or 37.54%, closing at $5.44 per share on the same day [3].

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 [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Vestis between May 2, 2024, and May 6, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Vestis, with a deadline of August 8, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Allegations Against Vestis - The complaint alleges that Vestis and its executives disseminated materially false and misleading statements regarding the company's ability to grow its business [4]. - Vestis announced poor financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year, attributing the decline to "lost business in excess of new business" and "lower adds over stops" [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]. Group 3: Investor Communication - Faruqi & Faruqi, LLP is encouraging anyone with information regarding Vestis' conduct, including whistleblowers and former employees, to contact the firm [7].

NEW YORK, June 20, 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? ...

SAN DIEGO, June 20, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Vestis Corporation (NYSE:VSTS) securities between May 2, 2024 and May 6, 2025. Vestis is a North American company that provides uniform rentals and workplace supplies across the U.S. and Canada.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating All ...

NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- 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 ...

NEW YORK, June 19, 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=153526&from=4CLASS PERIOD: May 2, 2024 to Ma ...

Group 1 - A complaint has been filed against Vestis Corporation in the United States District Court for the Southern District of New York, alleging violations of the Securities Exchange Act of 1934 [1] - The complaint involves investors who purchased or acquired Vestis securities between May 2, 2024, and May 6, 2025, claiming misrepresentations regarding the company's growth potential [1][3] - Bernstein Liebhard LLP, the law firm representing the investors, has a history of recovering over $3.5 billion for clients and has been recognized for its success in class action litigations [5] Group 2 - Investors interested in participating in the class action must file papers by August 8, 2025, to serve as lead plaintiff, although participation in recovery does not require this role [4] - The representation in the lawsuit is on a contingency fee basis, meaning shareholders will not incur fees or expenses unless there is a recovery [4]

Core Viewpoint - The article discusses a class action lawsuit against Vestis Corporation due to significant stock price decline following disappointing financial results and misleading statements made by the company regarding its growth and revenue guidance [3][4]. Group 1: Financial Performance - On May 7, 2025, Vestis reported its second quarter fiscal 2025 financial results, revising its growth and revenue guidance for 2025, which fell significantly below market expectations [3]. - The company attributed the poor results to "lost business in excess of new business" and "lower adds over stops," indicating a decline in revenue from existing customers [3]. Group 2: Stock Price Impact - Following the release of the disappointing financial results, Vestis's stock price dropped by $3.27, or 37.5%, closing at $5.44 per share on May 7, 2025, resulting in losses for investors [3]. Group 3: Lawsuit Details - The class action lawsuit alleges that during the Class Period, the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and prospects [4]. - Specifically, the lawsuit claims that the company was not equipped to achieve its growth guidance, leading to a significant revenue decline from existing customers, which rendered the defendants' positive statements misleading [4]. Group 4: Legal Actions - Investors who purchased Vestis securities during the Class Period have until August 8, 2025, to file a lead plaintiff motion in the ongoing lawsuit [5].

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 and lower customer volume [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 aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [5].

NEW YORK, June 17, 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? ...