Investors in Grocery Outlet Holding Corp. Should Contact Levi & Korsinsky Before March 31, 2025 to Discuss Your Rights - GO

Core Viewpoint - A class action securities lawsuit has been filed against Grocery Outlet Holding Corp. due to alleged securities fraud affecting investors between November 7, 2023, and May 7, 2024 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for Grocery Outlet investors who were negatively impacted by the alleged fraud during the specified period [1] - Following the announcement of disappointing financial results for Q1 fiscal 2024 and a significant reduction in guidance for Q2 and the full fiscal year, Grocery Outlet's stock price dropped to $20.88 per share, marking a decline of approximately 19.38% in one day [2] Group 2: Financial Performance - Grocery Outlet's poor performance was attributed to unforeseen systems transition costs and residual expenses from a commission support program as the company completed physical inventory counts [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until March 31, 2025, to request appointment as lead plaintiff, although participation in any recovery 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 4: 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 and consistently ranking among the top securities litigation firms in the U.S. [4]