Vestis (VSTS)
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Investors in Vestis Corporation Should Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights - VSTS
Prnewswire· 2025-07-21 12:45
https://securitiesclasslaw.com/securities/vestis-corporation-loss-submission-form/?id=157176&from=4 CONTACT: CLASS PERIOD: May 2, 2024 to May 6, 2025 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Vestis' ability to grow its business; notably that Vestis would be unable to execute on planned strat ...
VSTS IMPORTANT DEADLINE: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Vestis Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-07-20 23:47
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 through a contingency fee arrangement [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 plaintiff must act by August 8, 2025 [2]. - The lawsuit alleges that Vestis provided misleading statements about its business growth potential while concealing material adverse facts, leading 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].
August 8, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against VSTS
Prnewswire· 2025-07-18 12:45
NEW YORK, July 18, 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? ...
VSTS DEADLINE: ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages Vestis Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-07-17 21:45
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, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Vestis securities between May 2, 2024, and May 6, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the August 8, 2025 deadline [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Vestis Corporation provided misleading statements about its business growth potential while concealing material adverse facts regarding its ability to execute strategic initiatives aimed at improving customer experience and revenue growth [4]. - When the true state of affairs became known, investors reportedly suffered damages [4].
Class Action Filed Against Vestis Corporation (VSTS) - August 8, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-07-17 13:00
Core Viewpoint - The Gross Law Firm is notifying 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][2]. Group 1: Allegations and Financial Impact - The class period for the allegations is from May 2, 2024, to May 6, 2025, during which Vestis Corporation allegedly provided overly positive statements while concealing material adverse facts about its business growth capabilities [2]. - 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" [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 Shareholders - Shareholders are encouraged to register for the class action lawsuit by the deadline of August 8, 2025, to potentially become lead plaintiffs and receive updates on the case [3]. - Registration involves no cost or obligation, and participants will be enrolled in a portfolio monitoring system for status updates throughout the case lifecycle [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [4].
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Vestis, Reckitt, and Tempus and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-16 23:39
Core Viewpoint - Class actions have been initiated against Vestis Corporation, Reckitt Benckiser Group, and Tempus AI, highlighting significant legal challenges and potential financial implications for these companies [1][4][6]. Group 1: Vestis Corporation (NYSE: VSTS) - The class period for Vestis is from May 2, 2024, to May 6, 2025, with a lead plaintiff deadline of August 8, 2025 [2]. - The complaint alleges that Vestis made misleading statements about its business growth capabilities, particularly regarding customer retention and revenue generation [2]. - Following a disappointing financial report on May 7, 2025, Vestis' stock price plummeted from $8.71 to $5.44, a decline of approximately 37.54% in one day [3]. Group 2: Reckitt Benckiser Group plc (OTC: RBGLY) - The class period for Reckitt is from January 13, 2021, to July 28, 2024, with a lead plaintiff deadline of August 4, 2025 [4]. - Over 500 lawsuits have been filed against Reckitt, alleging failure to warn about the risks associated with its cow's milk-based formula, Enfamil, which is linked to a serious intestinal disease in premature infants [4][5]. - The allegations include misleading statements regarding the safety of Reckitt's products and the potential impact on sales and legal exposure [5]. Group 3: Tempus AI, Inc. (NASDAQ: TEM) - The class period for Tempus is from August 6, 2024, to May 27, 2025, with a lead plaintiff deadline of August 11, 2025 [6]. - The complaint claims that Tempus failed to disclose significant issues, including inflated contract values and questionable business practices that could jeopardize its financial stability [6]. - Following a critical report from Spruce Point Capital Management on May 28, 2025, Tempus' stock price fell from $65.87 to $53.20, a decrease of 19.23% [7][8].
VSTS Deadline: VSTS Investors Have Opportunity to Lead Vestis Corporation Securities Fraud Lawsuit
Prnewswire· 2025-07-16 23:20
NEW YORK, July 16, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Vestis Corporation (NYSE: VSTS) between May 2, 2024 and May 6, 2025, both dates inclusive (the "Class Period"), of the important August 8, 2025 lead plaintiff deadline.So What: If you purchased Vestis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to do next: To ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 8, 2025 in Vestis Lawsuit – VSTS
GlobeNewswire News Room· 2025-07-16 13:14
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. Specifically, it was claimed that Vestis would struggle to execute strategic initiatives aimed at improving customer experience and driving new customer growth [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. The company reported that it lost more business than it gained and experienced lower customer additions compared to stops, attributing these issues to an uncertain macro environment [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 during the class period from May 2, 2024, to May 6, 2025, are encouraged to register for the class action. The deadline for seeking lead plaintiff status is August 8, 2025, and there is no cost to participate [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud. The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
Vestis Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before August 8, 2025 to Discuss Your Rights - VSTS
Prnewswire· 2025-07-15 13:00
NEW YORK, July 15, 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? ...
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]