Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Vestis Corporation due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's growth prospects and business performance [3][5]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Vestis between May 2, 2024, and May 6, 2025, to contact them to discuss their legal options [1]. - There is an August 8, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Vestis [3]. - The complaint alleges that Vestis and its executives concealed material adverse facts regarding the company's ability to grow its business and execute strategic initiatives [5]. Group 2: Financial Performance and Stock Impact - On May 7, 2025, Vestis announced disappointing financial results for Q2 2025, withdrew its revenue guidance for the full fiscal year, and provided lower-than-expected guidance for Q3 2025 [6]. - The company attributed its poor performance to "lost business in excess of new business" and "lower adds over stops," indicating a decline in customer volume [6]. - Following the announcement, Vestis' stock price plummeted 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 one day [6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ibotta, Inc. due to alleged violations of federal securities laws related to misleading statements and undisclosed risks concerning its contract with Kroger [3][5]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Ibotta, with a deadline of June 16, 2025, for investors to seek the role of lead plaintiff [3]. - Investors who suffered losses from Ibotta's stock are encouraged to contact Faruqi & Faruqi for discussions regarding their legal rights [1][10]. Group 2: Financial Performance and Stock Impact - Ibotta conducted its IPO on April 13, 2024, offering 6.6 million shares at $88.00 each [6]. - The company reported a net loss of $34.0 million for Q2 2024, with operating expenses more than doubling year-over-year, leading to a stock drop of 26% on August 14, 2024 [6][7]. - On February 26, 2025, Ibotta's stock fell 46% to close at $34.01 after reporting Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [8].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against BigBear.ai Holdings, Inc. due to allegations of violations of federal securities laws, particularly concerning misleading financial statements and accounting practices [3][5]. Group 1: Allegations and Financial Impact - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain transactions [5]. - BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for a derivative scope exception, leading to improper accounting for these notes [5]. - The company’s financial statements since fiscal year 2021 were deemed unreliable and are expected to be restated, increasing the risk of delayed filings with the SEC [5][6]. Group 2: Stock Price Reaction - Following the announcement of the delayed filing of its 2024 10-K, BigBear's stock price dropped approximately 15%, from $3.49 on March 17, 2025, to $2.97 on March 18, 2025 [7]. - After the filing of the restated 2024 10-K on March 25, 2025, the stock price fell about 9%, from $3.51 to $3.19 on March 26, 2025 [9]. Group 3: Legal Proceedings - Investors who suffered losses in BigBear.ai are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [1][3]. - The deadline to seek the role of lead plaintiff in the class action is June 10, 2025 [3].