NEW
YORK, May 29, 2024 /PRNewswire/ -- The Gross Law
Firm issues the following notice to shareholders of Vestis
Corporation (NYSE: VSTS).
Shareholders who purchased shares of VSTS during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/vestis-loss-submission-form/?id=81734&from=4
CLASS PERIOD: October 2,
2023 to May 1, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) Aramark,
a company providing food service and facilities management, had
historically underinvested in the business that became Vestis; (2)
Vestis operated with outdated facilities and an underperforming
sales force; (3) Vestis's outdated facilities and underperforming
sales force led to "service gaps" that had impeded the Company's
levers of growth and had resulted in customer attrition; and (4) as
a result of the above, defendants' statements about Vestis's
business, operations, and prospects were materially false and
misleading and/or lacked a reasonable basis at all relevant
times.
DEADLINE: July 16, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/vestis-loss-submission-form/?id=81734&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of VSTS during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is July 16, 2024. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
