GO STOCK ALERT: Levi & Korsinsky Notifies Grocery Outlet Holding Corp. Investors of an Ongoing Investigation
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Levi & Korsinsky has initiated an investigation into Grocery Outlet Holding Corp. for potential violations of federal securities laws. This follows the company's disappointing 1Q 2024 earnings and reduced annual guidance.
January 15, 2025 | 12:45 pm
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Grocery Outlet Holding Corp. is under investigation by Levi & Korsinsky for potential federal securities law violations. This comes after the company reported lower-than-expected 1Q 2024 earnings and reduced its annual guidance.
The investigation by Levi & Korsinsky could lead to legal challenges and affect investor confidence, especially following the company's poor earnings report and lowered guidance. This is likely to negatively impact the stock price in the short term.
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