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Law Firms Court Vestis Investors Ahead of August 8 Lead Plaintiff Deadline

Three national law firms have issued competing notices under contingency-fee terms to represent shareholders in the federal suit over Vestis’s May stock plunge.

Vsts important deadline: rosen, a leading law firm, encourages vestis corporation investors with losses in excess of $100k to secure counsel before important august 8 deadline in securities class...

Overview

  • Bronstein, Gewirtz & Grossman, the Rosen Law Firm and Bernstein Liebhard have filed federal class actions alleging that Vestis and certain officers violated the Securities Exchange Act.
  • The complaints assert that positive public statements concealed material problems with planned growth initiatives, triggering a 37.54% drop in Vestis’s share price on May 7, 2025.
  • The proposed class covers investors who acquired Vestis securities between May 2, 2024 and May 6, 2025, inclusive.
  • Prospective lead plaintiffs must file motions in the U.S. District Court for the Southern District of New York by August 8, 2025 to steer the litigation.
  • All participating firms are offering contingency-fee arrangements, meaning investors can join at no upfront cost and pay legal fees only from any future recovery.