{"id":810513,"date":"2025-02-07T09:50:07","date_gmt":"2025-02-07T14:50:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/"},"modified":"2025-02-07T09:50:07","modified_gmt":"2025-02-07T14:50:07","slug":"go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/","title":{"rendered":"GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options”"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson<\/span><\/a> Encourages Investors Who Suffered Losses Exceeding $50,000<\/span> In Grocery Outlet To Contact Him Directly To Discuss Their Options<\/b>\n <\/p>\n

\n If you suffered losses exceeding $50,000<\/span> in Grocery Outlet<\/a> between November 7, 2023<\/span> and May 7, 2024<\/span><\/b>and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson<\/span> directly <\/b>at 877-247-4292 <\/b>or 212-983-9330<\/b>\u00a0(Ext. 1310)<\/b>.<\/p>\n

\n
\n [You may also click here for additional information]<\/a>
\n <\/b>\n <\/p>\n

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\n NEW YORK<\/span>
\n <\/span>, Feb. 7, 2025<\/span><\/span> \/PRNewswire\/ — Faruqi & Faruqi, LLP<\/a>, a leading national securities law firm, is investigating potential claims against Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQ: GO) and reminds investors of the March 31, 2025<\/span> deadline<\/b> to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.<\/p>\n

\n

\n
\n \"Faruqi
\n <\/a>\n <\/p>\n<\/p><\/div>\n

Faruqi & Faruqi is a leading national securities law firm with offices in New York<\/span>, Pennsylvania<\/span>, California<\/span> and Georgia<\/span>. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com<\/a>.<\/p>\n

As detailed below, the complaint alleges<\/span> that the Company and its executives violated federal securities laws by disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Grocery Outlet’s transition to new and upgrad systems; notably, that the Company was either not truly equipped to timely and effectively execute on the transition or otherwise failed to disclose the potential for significant setbacks to Grocery Outlet’s profitability as a result of delays and implementation issues which impacted the Company’s visibility and performance.<\/p>\n

On May 7, 2024<\/span>, Grocery Outlet reported 1Q 2024 earnings that fell well below expectations and then lowered its guidance for the year. Management attributed the decrease to disruptions resulting from the implementation of new technology platforms in August 2023<\/span> and self-imposed commission support, following the system upgrade challenges. Analysts expressed concern at the Company’s slower-than-expected system upgrade, which has caused issues in product and data visibility, as well as operating challenges.<\/p>\n

Following this news, Grocery Outlet’s stock price fell by $5.02<\/span> per share, or approximately 19.38% to close at $20.88<\/span> per share on May 8, 2024<\/span>.<\/p>\n

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.\u00a0<\/p>\n

Faruqi & Faruqi, LLP also encourages anyone with information regarding Grocery Outlet’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.<\/p>\n

To learn more about the Grocery Outlet<\/b> class action, go to www.faruqilaw.com\/GO<\/a><\/b> or call<\/b>\u00a0Faruqi & Faruqi partner Josh Wilson<\/span> directly <\/b>at 877-247-4292 <\/b>or 212-983-9330<\/b>\u00a0(Ext. 1310)<\/b>.<\/p>\n

Follow us for updates on LinkedIn<\/a>, on X<\/a>, or on Facebook<\/a>.<\/p>\n

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com<\/a>). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.<\/p>\n

\n

\n
\n \"Faruqi
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50-000-in-go-to-contact-him-directly-to-discuss-their-options-302371057.html<\/a><\/p>\n

SOURCE Faruqi & Faruqi, LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Grocery Outlet To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Grocery Outlet between November 7, 2023 and May 7, 2024and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330\u00a0(Ext. 1310). [You may also click here for additional information] NEW YORK , Feb. 7, 2025 \/PRNewswire\/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQ: GO) and reminds investors of the March 31, 2025 deadline to seek … <\/p>\n

Continue reading “GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options””<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-810513","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options" - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options" - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Grocery Outlet To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Grocery Outlet between November 7, 2023 and May 7, 2024and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330\u00a0(Ext. 1310). [You may also click here for additional information] NEW YORK , Feb. 7, 2025 \/PRNewswire\/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Grocery Outlet Holding Corp. 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[You may also click here for additional information] NEW YORK , Feb. 7, 2025 \/PRNewswire\/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQ: GO) and reminds investors of the March 31, 2025 deadline to seek … Continue reading \"GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options”\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-07T14:50:07+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1959220\/Logo_11_30_2022.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options”","datePublished":"2025-02-07T14:50:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/"},"wordCount":598,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1959220\/Logo_11_30_2022.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-securities-litigation-partner-james-josh-wilson-encourages-investors-who-suffered-losses-exceeding-50000-in-go-to-contact-him-directly-to-discuss-their-options\/","name":"GO INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In GO To Contact Him Directly To Discuss Their Options\" - 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