{"id":860636,"date":"2025-06-16T05:50:46","date_gmt":"2025-06-16T09:50:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/"},"modified":"2025-06-16T05:50:46","modified_gmt":"2025-06-16T09:50:46","slug":"the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/","title":{"rendered":"The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; VSTS"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">June 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0<b>Vestis Corporation (NYSE: VSTS).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" title=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" alt=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\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 class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152958&amp;from=4\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152958&amp;from=4<\/a>\n      <\/p>\n<p>\n        <b>CLASS PERIOD: <\/b><br \/>\n        <span class=\"xn-chron\">May 2, 2024<\/span> to <span class=\"xn-chron\">May 6, 2025<\/span><\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>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&#8217; 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 <span class=\"xn-chron\">May 7, 2025<\/span>, 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 &#8220;lost business in excess of new business,&#8221; but primarily on &#8220;lower adds over stops, which is how we describe volume changes with our existing customers.&#8221; The Company attributed its decision to pull full-year guidance and provide disappointing third quarter targets to the &#8220;increasingly uncertain macro environment.&#8221; Following this news, the price of Vestis&#8217; common stock declined dramatically. From a closing market price of <span class=\"xn-money\">$8.71<\/span> per share on <span class=\"xn-chron\">May 6, 2025<\/span>, Vestis&#8217; stock price fell to <span class=\"xn-money\">$5.44<\/span> per share on <span class=\"xn-chron\">May 7, 2025<\/span>, a decline of about 37.54% in the span of just a single day.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">August 8, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152958&amp;from=4\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/vestis-corporation-loss-submission-form\/?id=152958&amp;from=4<\/a><\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>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 <span class=\"xn-chron\">August 8, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>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, <span>fraud<\/span>, 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        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY10428&amp;sd=2025-06-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline--vsts-302481557.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline&#8211;vsts-302481557.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY10428&amp;Transmission_Id=202506160545PR_NEWS_USPR_____NY10428&amp;DateId=20250616\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , June 16, 2025 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Vestis 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=152958&amp;from=4 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&#8217; ability to grow its business; notably that Vestis would be unable to execute on planned &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; VSTS&#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-860636","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>The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - VSTS - 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\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - VSTS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , June 16, 2025 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Vestis 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=152958&amp;from=4 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&#8217; ability to grow its business; notably that Vestis would be unable to execute on planned &hellip; Continue reading &quot;The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; VSTS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-16T09:50:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" \/>\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=\"3 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\\\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; 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The Gross Law Firm issues the following notice to shareholders of\u00a0Vestis 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=152958&amp;from=4 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&#8217; ability to grow its business; notably that Vestis would be unable to execute on planned &hellip; Continue reading \"The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; VSTS\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-16T09:50:46+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.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\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-gross-law-firm-notifies-vestis-corporation-investors-of-a-class-action-lawsuit-and-upcoming-deadline-vsts\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Gross Law Firm Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline &#8211; 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