NEW
YORK, June 25, 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=87114&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business that became Vestis; (2) Vestis operated with outdated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outdated facilities and underperforming sales force led to "service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=87114&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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