Vestis Corporation

26 Days Left

Class Action Period:
October 02, 2023 - May 01, 2024

Lead Plaintiff Deadline:
July 16, 2024

Case Form

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Allegations

The filed complaint alleges that Vestis Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) Aramark, a company providing food service and facilities management, had historically underinvested in the business that became Vestis; (2) Vestis operated with outdated facilities and an underperforming sales force; (3) Vestis’s outdated facilities and underperforming sales force led to “service gaps” that had impeded the Company’s levers of growth and had resulted in customer attrition; and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.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Vestis purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Vestis during the relevant time frame, you have until July 16, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.