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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]
Vestis Corporation Class Action: The Gross Law Firm Reminds Vestis Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 8, 2025 - VSTS
Prnewswire· 2025-06-30 13:00
NEW YORK, June 30, 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=154642&from=4 CLASS PERIOD: May 2, 2024 to M ...
VSTS Investors with Large Losses are Encouraged to Contact Robbins LLP for Information About Leading the Securities Fraud Class Action Against VSTS
GlobeNewswire News Room· 2025-06-27 23:16
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Vestis Corporation (NYSE:VSTS) securities between May 2, 2024, and May 6, 2025, alleging that the company misled investors regarding its customer growth and strategic initiatives [1][2]. Allegations - The complaint asserts that Vestis Corporation failed to disclose its inability to execute planned strategic initiatives aimed at improving customer experience and onboarding, which were expected to drive new customer growth and retention [2]. - It is claimed that these misleading statements led investors to purchase Vestis securities at artificially inflated prices [2]. Financial Results and Market Reaction - 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 significantly missed market expectations [3]. - 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 [3]. - 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 just one day [3]. Class Action Participation - Shareholders interested in participating in the class action must file a motion for lead plaintiff by August 8, 2025, with the lead plaintiff representing other class members in the litigation [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery [4].
Vestis Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before August 8, 2025 to Discuss Your Rights – VSTS
GlobeNewswire News Room· 2025-06-27 20:09
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 misleading positive statements while concealing adverse facts about its business growth capabilities [2]. - Vestis announced disappointing financial results for Q2 2025, withdrawing its revenue and growth guidance for the full fiscal year, and provided 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, although participation does not require 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 in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].
Vestis Investors Have the Opportunity to Lead the Vestis Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-06-27 01:07
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 strategies [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $75,000 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 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [5]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating challenges in customer retention and growth [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].
Investors in Vestis Corporation Should Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights – VSTS
GlobeNewswire News Room· 2025-06-26 20:41
Core Viewpoint - Vestis Corporation is facing a class action lawsuit due to allegations of providing misleading statements about its business growth and performance, leading to a significant drop in stock price following disappointing financial results [3][4]. Summary by Relevant Sections Allegations - The complaint against Vestis Corporation claims that the company made overwhelmingly positive statements while concealing material adverse facts about its business growth capabilities [3]. - Specifically, it is alleged that Vestis would be unable to execute planned strategic initiatives aimed at improving customer experience and driving new customer growth [3]. Financial Performance - On May 7, 2025, Vestis announced its second-quarter financial results for fiscal 2025, withdrawing its revenue and growth guidance for the full year [3]. - The company reported that its poor performance was due to "lost business in excess of new business" and "lower adds over stops," indicating a decline in volume changes with existing customers [3]. - 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 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 [4]. - The deadline for shareholders to seek lead plaintiff status is August 8, 2025, and there is no cost or obligation to participate in the case [4]. Law Firm Information - The Gross Law Firm, which is handling the class action, is a nationally recognized firm dedicated to protecting investors' rights against deceit and fraud [5].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Vestis Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – VSTS
GlobeNewswire News Room· 2025-06-26 15:54
NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- 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 N ...
Shareholders of Vestis Corporation Should Contact The Gross Law Firm Before August 8, 2025 to Discuss Your Rights - VSTS
Prnewswire· 2025-06-26 13:00
NEW YORK, June 26, 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=154290&from=4CLASS PERIOD: May 2, 2024 to Ma ...
Class Action Filed Against Vestis Corporation (VSTS) - August 8, 2025 Deadline to Join – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-06-24 20:17
NEW YORK, June 24, 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 ...
Vestis Corporation (VSTS) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-06-24 13:00
BENSALEM, Pa., June 24, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Vestis Corporation ("Vestis" or the "Company") (NYSE: VSTS).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN VESTIS CORPORATION (VSTS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE AUGUST 8, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Ho ...