Recent Security Class Actions

Vestis Corporation Common Stock (NYSE: VSTS)

Today is the last day to seek lead plaintiff status.

Company Name:Vestis Corporation Common Stock
Stock Symbol:NYSE: VSTS
Class Period Start:10/02/2023
Class Period End (inclusive):05/01/2024
Filing Deadline:07/16/2024

The Complaint alleges that, during the Class Period, the Defendants made materially false and misleading statements and failed to disclose that: (1) Aramark had historically underinvested in the business that became Vestis; (2) Vestis operated with outdated facilities and an underperforming sales force; (3) Vestis’s outdated facilities and underperforming sales force led to “service gaps” that had impeded the Company’s levers of growth and had resulted in customer attrition; and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.

Vestis Corporation Common Stock (NYSE: VSTS) Claim Form

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