Rosen Law Firm Urges Grocery Outlet Holding Corp. Investors to Act Before Deadline in Class Action

NEW YORK, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Rosen Law Firm, a leading global investor rights law firm, is reminding investors who purchased securities of Grocery Outlet Holding Corp. (NASDAQ:GO) between November 7, 2023, and May 7, 2024, about an important deadline.

Why This Matters: Investors should be aware of the upcoming March 31, 2025 lead plaintiff deadline. If you bought Grocery Outlet securities during this specified Class Period, you might be eligible to receive compensation without incurring any out-of-pocket expenses through a contingency fee arrangement.

Next Steps: To participate in the Grocery Outlet class action lawsuit, it is advised to visit here or contact Phillip Kim, Esq. toll-free at 866-767-3653, or via email at [email protected] for more information. A class action lawsuit has already been filed. If you aim to be the lead plaintiff, you must file with the Court by March 31, 2025. The lead plaintiff represents the interests of other class members in managing the litigation.

Why Choose Rosen Law Firm: It is crucial for investors to select legal counsel with a proven track record of success. Many firms that send out notices may not possess the necessary experience or peer recognition. Importantly, some may not litigate securities class actions directly but act as intermediaries.

Rosen Law Firm focuses solely on investor representation worldwide, particularly in securities class actions and shareholder derivative cases. The firm was notable for securing the largest-ever settlement in a securities class action against a Chinese company at that time. It was ranked No. 1 by ISS Securities Class Action Services in 2017 for the number of settlements and has consistently ranked in the top four since 2013, recovering hundreds of millions for investors. In 2019, the firm successfully recovered over $438 million for its clients. Moreover, in 2020, founding partner Laurence Rosen was acknowledged as a Titan of the Plaintiffs' Bar by Law360, and many of the firm's attorneys have received honors from Lawdragon and Super Lawyers.

Case Overview: The lawsuit alleges that during the Class Period, the defendants made excessively positive statements about Grocery Outlet, while simultaneously issuing materially false or misleading statements. The claims suggest that they concealed significant issues regarding the company's system transition that hampered profitability and visibility. When these realities became public, the lawsuit states that investors incurred damages.

To become part of the Grocery Outlet class action, visit here or contact Phillip Kim, Esq. at the provided toll-free number or email.

No class has been certified to date. Until certification occurs, individuals are not represented by counsel unless they engage one directly. You can choose your counsel or remain an absent class member without taking action at this stage. An investor's eligibility for any potential recovery is not reliant on acting as lead plaintiff.

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This communication is an advertisement and does not guarantee similar outcomes based on prior results.

For further inquiries:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

investors, lawsuit, GroceryOutlet