Sprouts Farmers Market(US:SFM) Prnewswire·2025-12-17 04:53Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly misleading investors regarding its growth and stability during a challenging macroeconomic environment [1][2]. Allegations Against Defendants - The lawsuit claims that Sprouts made false or misleading statements about its business performance, including: - Overstating growth and stability despite macroeconomic challenges [2]. - Misrepresenting the resilience of its consumer base, which reportedly reduced spending [2]. - Failing to deliver on growth projections that were deemed overly optimistic [2]. - Overall, the positive statements made by the company lacked a reasonable basis and were materially false [2]. Lead Plaintiff Process - Investors in Sprouts have until January 26, 2026, to apply to be appointed as lead plaintiffs, representing the class in the lawsuit [3]. - The lead plaintiff will direct the litigation and select counsel to represent the class, but participation as a lead plaintiff does not affect the ability to share in any recovery [3]. Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities-fraud class actions and has a history of significant recoveries in securities litigation [4]. - The firm represents both individual and institutional investors and has received numerous accolades for its work in this field [4].