Sprouts Farmers Market(US:SFM) Globenewswire·2026-01-07 23:08Core Viewpoint - A securities class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly making false and misleading statements regarding its financial health and growth prospects during a specified class period [1][2]. Group 1: Allegations Against Sprouts - 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 company reportedly overstated its ability to meet growth projections, which were not supported by actual performance [2]. Group 2: Legal Process and Participation - Investors who suffered losses can seek to be appointed as lead plaintiffs by January 26, 2026, or remain absent class members [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [3]. Group 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 has received multiple accolades for its work in the field, indicating a strong reputation within the legal community [4].