Important Information for Investors: Grocery Outlet Holding Corp. Securities Class Action Lawsuit
New York, NY, March 5, 2025 – The Rosen Law Firm, a global investor rights law firm, alerts investors in Grocery Outlet Holding Corp. (NASDAQ: GO) to the important deadline in the securities class action. The lawsuit was filed against the company on behalf of purchasers of Grocery Outlet securities between November 7, 2023, and May 7, 2024, both dates inclusive (the “Class Period”).
What Happened?
According to the complaint, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- Grocery Outlet was experiencing declining sales and same-store sales growth.
- The company’s gross margins were under pressure due to increased competition and higher costs.
- Grocery Outlet was experiencing declining market share in its key markets.
As a result of these false and/or misleading statements and/or omissions, the company’s stock traded at artificially inflated prices during the Class Period, causing investors harm.
How This Affects You
If you purchased Grocery Outlet securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm encourages you to contact the firm before the lead plaintiff deadline. The lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of the class. Your ability to share in any recovery doesn’t require that you serve as the lead plaintiff.
How This Affects the World
The securities class action against Grocery Outlet Holding Corp. is a reminder of the importance of accurate and transparent disclosures by publicly-traded companies. Misrepresentations and omissions can lead to artificially inflated stock prices, causing harm to investors. The securities class action process provides a means for investors to seek compensation for their losses.
Conclusion
If you purchased Grocery Outlet Holding Corp. securities during the Class Period, you may be entitled to compensation. The Rosen Law Firm encourages you to contact the firm before the lead plaintiff deadline to learn more about your rights and potential remedies. The firm provides representation on a contingency fee basis, meaning you pay nothing out of pocket.
This securities class action serves as a reminder to investors to carefully review disclosures made by publicly-traded companies and to seek legal advice if they suspect misrepresentations or omissions. The securities class action process provides a means for investors to seek justice and compensation for their losses.
About The Rosen Law Firm: The Rosen Law Firm represents investors in securities class actions and other legal actions to maximize shareholder value and recover investor losses. For more information, please visit
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