{"id":860167,"date":"2025-06-12T13:38:43","date_gmt":"2025-06-12T17:38:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/"},"modified":"2025-06-12T13:38:43","modified_gmt":"2025-06-12T17:38:43","slug":"class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/","title":{"rendered":"Class Action Filed Against Vestis Corporation (VSTS) &#8211; August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, June  12, 2025  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>Vestis Corporation (NYSE: VSTS).<\/strong><\/p>\n<p>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.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ELDin635kF7-fUq_m7HPGfmIMijCIjOTuntVGfBhD-KcMq-nf5uo1J1Hl7xLIU1rp4_D7JkH4F4EEJRUU8ULmD12Xmk1Dpu-ckaOyXgGRsQQmwpnLZWcZjQaVoYRFMmvQs0dM2IArNpR9E5MkEi5_848-TX7cmL9066-2uDIYEfst6gPCbHJgy71HUGr70oWJYEuDgiz_5vmO2nmqzjALTCMK5sF9NGqwxnrsCVMMS4BuEO9WsOpgDAABG90-NctKco-jLO7JJR19Iy7OElR067FcknA8N6HGs4G7wSGlzkrdNsT6BiZ83cFC2iouJMQ\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152603&amp;from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>May 2, 2024 to May 6, 2025<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Vestis\u2019 ability to grow its business; notably that Vestis would be unable to execute on planned strategic initiatives to drive purported improvements to the customer experience and its onboarding efforts in order to drive new customer growth, increased customer retention, and increased revenue from existing customers. On May 7, 2025, Vestis announced its financial results for the second quarter of fiscal 2025, withdrew its revenue and growth guidance for the full fiscal year 2025, and provided guidance for the third quarter of fiscal 2025 that fell significantly below market expectations. The Company attributed its poor results partially to \u201clost business in excess of new business,\u201d but primarily on \u201clower adds over stops, which is how we describe volume changes with our existing customers.\u201d The Company attributed its decision to pull full-year guidance and provide disappointing third quarter targets to the \u201cincreasingly uncertain macro environment.\u201d Following this news, the price of Vestis\u2019 common stock declined dramatically. From a closing market price of $8.71 per share on May 6, 2025, Vestis\u2019 stock price fell to $5.44 per share on May 7, 2025, a decline of about 37.54% in the span of just a single day.<\/p>\n<p>\n        <strong>DEADLINE: August 8, 2025<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ELDin635kF7-fUq_m7HPGfmIMijCIjOTuntVGfBhD-KcMq-nf5uo1J1Hl7xLIU1rp4_D7JkH4F4EEJRUU8ULmD12Xmk1Dpu-ckaOyXgGRsQQmwpnLZWcZjQaVoYRFMmvQs0dM2IArNpR9E5MkEi5__r-p1uGYARyx1A2ziyqCQJ5tsiriaaNm5hCF8aIom5hBTGbpJ5y9TzeREgVl1FJqnmWpLEvedmgQYcBBRgtnFBWfbAbAggeX7wQFayWdICozIZfHLRAdnPxu8agKyVyfL4NyLG1ElYLVxR5Ag0LamE4U0kQxRUNqa8QBERnbSO_\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152603&amp;from=3<\/a>\u00a0<\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>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 August 8, 2025. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>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&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hhCqZPWyAzltwJDRL6rpzBKgT_l6xPAmEgd4zAf-ckdJWGWLDnkNHcSpS4qaJe2RD1eeNcm0d-D3uQQl8-jsF5m5y1aIkYap12f1zt3M5tdHdkfKhVGSlYD-313LNADE\" rel=\"nofollow\" target=\"_blank\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzE2OSM2OTg2OTkzIzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGYxODYyOWMtNTEzOC00ZWY0LWJlYzItM2RkNTE2MzE4MTg2LTEyNzA0NjctMjAyNS0wNi0xMi1lbg==\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) &#8212; 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-corporation-loss-submission-form\/?id=152603&amp;from=3 CLASS PERIOD: May 2, 2024 to May 6, 2025 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Vestis\u2019 ability to grow its business; notably that Vestis would be unable to execute on planned strategic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Class Action Filed Against Vestis Corporation (VSTS) &#8211; August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm&#8221;<\/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-860167","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Class Action Filed Against Vestis Corporation (VSTS) - August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm - 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\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Action Filed Against Vestis Corporation (VSTS) - August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) &#8212; 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-corporation-loss-submission-form\/?id=152603&amp;from=3 CLASS PERIOD: May 2, 2024 to May 6, 2025 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Vestis\u2019 ability to grow its business; notably that Vestis would be unable to execute on planned strategic &hellip; Continue reading &quot;Class Action Filed Against Vestis Corporation (VSTS) &#8211; August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-12T17:38:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzE2OSM2OTg2OTkzIzIyNTg5MTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Class Action Filed Against Vestis Corporation (VSTS) &#8211; 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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-corporation-loss-submission-form\/?id=152603&amp;from=3 CLASS PERIOD: May 2, 2024 to May 6, 2025 ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of Vestis\u2019 ability to grow its business; notably that Vestis would be unable to execute on planned strategic &hellip; Continue reading \"Class Action Filed Against Vestis Corporation (VSTS) &#8211; August 8, 2025 Deadline to Join \u2013 Contact The Gross Law Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-12T17:38:43+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzE2OSM2OTg2OTkzIzIyNTg5MTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/class-action-filed-against-vestis-corporation-vsts-august-8-2025-deadline-to-join-contact-the-gross-law-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Class Action Filed Against Vestis Corporation (VSTS) &#8211; 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