{"id":947720,"date":"2026-03-30T16:42:53","date_gmt":"2026-03-30T20:42:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-grocery-outlet-holding-corp-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-ceo-allegedly-certified-misleading-statements-levi-korsi\/"},"modified":"2026-03-30T16:42:53","modified_gmt":"2026-03-30T20:42:53","slug":"go-investor-alert-grocery-outlet-holding-corp-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-ceo-allegedly-certified-misleading-statements-levi-korsi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/go-investor-alert-grocery-outlet-holding-corp-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-ceo-allegedly-certified-misleading-statements-levi-korsi\/","title":{"rendered":"GO Investor Alert: Grocery Outlet Holding Corp. Securities Fraud Lawsuit – Investors With Losses May Seek to Lead the Class Action After CEO Allegedly Certified Misleading Statements: Levi & Korsinsky"},"content":{"rendered":"

\nImportant Information Regarding Section 20(a) Individual Liability Claims
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NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP alerts investors in Grocery Outlet Holding Corp. (NASDAQ: GO) of a pending securities class action naming two senior executives as individual defendants. Class Period: August 5, 2025 through March 4, 2026.\u00a0Find out if you qualify to recover losses<\/u><\/a> or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/u><\/a> | (212) 363-7500.<\/p>\n

Grocery Outlet shares fell $2.45 per share, or 27.9%, closing at $6.34 on March 5, 2026. The Court has set May 15, 2026 as the deadline to apply for lead plaintiff appointment.<\/p>\n

\n The Named Individual Defendants<\/strong>\n <\/p>\n

Jason Potter, Chief Executive Officer, and Christopher M. Miller, Chief Financial Officer, are each named as defendants in the securities class action filed in the United States District Court for the Northern District of California. The lawsuit contends that Potter and Miller, by virtue of their senior positions, possessed the power and authority to control the contents of Grocery Outlet’s SEC filings, press releases, and presentations to analysts and institutional investors.<\/p>\n

\n Section 20(a) Control Person Framework<\/strong>\n <\/p>\n

Section 20(a) of the Securities Exchange Act of 1934 imposes liability on individuals who control entities that violate Section 10(b). The complaint charges that Potter and Miller:<\/p>\n