VSTS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Vestis Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Vestis Corporation for alleged violations of federal securities laws, claiming that the company misled investors about its business growth potential [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased Vestis securities between May 2, 2024, and May 6, 2025, inclusive [2]. - The complaint alleges that Vestis provided overly positive statements while concealing material adverse facts about its business growth capabilities, particularly regarding strategic initiatives aimed at improving customer experience and retention [3]. Group 2: Stock Price Impact - Following the allegations, Vestis' stock price dropped 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 [4]. Group 3: Next Steps for Investors - Investors who suffered losses in Vestis have until August 8, 2025, to request appointment as lead plaintiff in the class action [5]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [6]. Group 4: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [7].