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Stock impact report

Shamis & Gentile, P.A. Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Vestis Corporation -- VSTS

Vestis Corporation (VSTS) 
Company Research Source: GlobeNewswire
MIAMI, Nov. 05, 2025 (GLOBE NEWSWIRE) -- The law firm of Shamis & Gentile, P.A. is investigating whether certain directors and officers of Vestis Corporation (NYSE: VSTS) breached their fiduciary duties owed to the company. If you are a Vestis shareholder, you are encouraged to contact the law firm for more information: Vestis Shareholder Investigation Impacted shareholders may also contact attorney David Abel at securities@shamisgentile.com or (305) 479-2299. There is no cost or obligation to you. WHAT IS THIS INVESTIGATION ABOUT? On October 2, 2023, Vestis was spun off from Aramark’s Uniform Services business and began trading on the New York Stock Exchange. On May 2, 2024, the company reported second-quarter results below market expectations, withdrew its full-year guidance, and issued a weaker outlook. Following these disclosures, the stock price declined by approximately 45%. Soon after, a securities class action was filed alleging that Vestis and other defendants misled i Show less Read more
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