Vestis Corporation Securities Fraud Lawsuit: Investors Can Lead Class Action with Schall Law Firm

Vestis Corporation investors have the opportunity to lead a securities fraud lawsuit with the Schall Law Firm. The lawsuit alleges violations of the Securities Exchange Act of 1934 and Rule 10b-5, and investors who purchased the company's securities between May 2, 2024, and May 6, 2025, are encouraged to contact the firm before August 8, 2025.

Investors in Vestis Corporation (NYSE: VSTS) are being urged to participate in a class action lawsuit against the company, alleging violations of the Securities Exchange Act of 1934 and Rule 10b-5. The lawsuit, initiated by the Schall Law Firm, accuses Vestis of making false and misleading statements to the market regarding its ability to grow and execute strategic initiatives. Investors who purchased the company's securities between May 2, 2024, and May 6, 2025, are encouraged to contact the firm before August 8, 2025, to discuss their rights [1].

According to the complaint, Vestis misled investors about its ability to grow the business, execute planned strategic initiatives, and retain customers. The company's public statements were found to be false and materially misleading, leading to investor losses when the truth emerged [2]. The lawsuit seeks to recover damages for investors who suffered financial losses as a result of these misleading statements.

The Schall Law Firm, a national shareholder rights litigation firm, specializes in securities class action lawsuits and shareholder rights litigation. The firm represents investors around the world and has a track record of success in securities class action lawsuits [1].

Investors are reminded that the class has not yet been certified, and until certification occurs, they are not represented by an attorney. However, they are encouraged to contact the Schall Law Firm to discuss their rights and potential participation in the lawsuit. The firm offers a free consultation to discuss the case [1].

The Rosen Law Firm and the Gross Law Firm have also issued similar notices, encouraging investors to join the class action and consider the lead plaintiff appointment [2][3]. Investors who wish to participate in the lawsuit should contact the respective law firms before the August 8, 2025, deadline [2][3].

References:
[1] https://www.prnewswire.com/news-releases/vsts-investors-have-opportunity-to-lead-vestis-corporation-securities-fraud-lawsuit-with-the-schall-law-firm-302518223.html
[2] https://www.morningstar.com/news/globe-newswire/9503437/vsts-deadline-rosen-a-longstanding-firm-encourages-vestis-corporation-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-august-8-deadline-in-securities-class-action-vsts
[3] https://www.globenewswire.com/news-release/2025/07/30/3124491/0/en/Contact-The-Gross-Law-Firm-by-August-8-2025-Deadline-to-Join-Class-Action-Against-Vestis-Corporation-VSTS.html