Core Viewpoint - Rosen Law Firm is reminding investors who purchased Grocery Outlet Holding Corp. securities during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2025 [1]. Group 1: Class Action Details - Investors who purchased Grocery Outlet securities between November 7, 2023, and May 7, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by March 31, 2025 [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [4]. - Rosen Law Firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Grocery Outlet made misleading statements regarding its transition to new systems, failing to disclose potential setbacks that could impact profitability [5]. - The claims suggest that the company was not adequately prepared for the transition, leading to significant delays and issues that affected its performance [5].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Grocery Outlet Holding Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GO