GO INVESTOR ALERT: Kirby McInerney LLP Notifies Grocery Outlet Holding Corp. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Portfolio Pulse from
Kirby McInerney LLP has announced a deadline for investors in Grocery Outlet Holding Corp. to seek lead plaintiff status in a class action lawsuit. The lawsuit pertains to securities acquired between November 7, 2023, and May 7, 2024.
February 20, 2025 | 11:15 pm
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NEGATIVE IMPACT
Grocery Outlet Holding Corp. is facing a class action lawsuit, with a deadline for lead plaintiff applications set for March 31, 2025. This legal action could impact the company's stock price.
The announcement of a class action lawsuit against Grocery Outlet is likely to negatively impact investor sentiment and the stock price in the short term. Legal issues can create uncertainty and potential financial liabilities for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100