Sprouts Farmers Market(US:SFM) Prnewswire·2025-12-11 17:15Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly making false and misleading statements regarding its financial performance and growth prospects during the specified Class Period from June 4, 2025, to October 29, 2025 [1][2]. Allegations Against Defendants - The lawsuit claims that Sprouts' reports of growth and stability were overly optimistic and did not reflect the reality of macroeconomic conditions [2]. - It is alleged that Sprouts' consumer base was not as resilient as claimed, leading to reduced spending [2]. - The anticipated benefits from macroeconomic pressures did not materialize, resulting in Sprouts failing to meet its growth projections [2]. - Consequently, the positive statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Lead Plaintiff Process - Investors in Sprouts have until January 26, 2026, to seek appointment as a lead plaintiff representative for the class [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3]. Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has represented both individual and institutional investors, achieving significant recoveries in securities litigation [4]. - KTMC has received numerous accolades for its work in the field, highlighting its reputation and expertise [4].