Vestis Corporation (VSTS) Shareholder Investigation

Shamis & Gentile, P.A. is investigating potential shareholder claims on behalf of Vestis Corporation ("Vestis" or the "Company") (VSTS) against certain of its directors and officers for alleged breaches of fiduciary duties and other violations of law. Concerned shareholders are advised to contact the firm now.

On October 2, 2023, Vestis Corporation was spun off from Aramark’s Uniform Services (“AUS”) business and began trading on the New York Stock Exchange.

Since that time, certain Vestis directors and officers may have failed in their oversight duties and caused the Company to issue misleading statements. Specifically, recent securities class actions have alleged that management did not disclose Aramark had chronically underinvested in the AUS segment prior to the spinoff, resulting in outdated facilities and an underperforming sales force at Vestis.

If you have held Vestis (NYSE: VSTS) shares since the October 2023 spin-off, you may be able to seek corporate reforms, the return of funds back to the Company, and a court approved incentive award for you, all at absolutely no cost.

Shamis & Gentile, P.A. stands out as an advocate for shareholders seeking corporate accountability and governance reforms. The firm is committed to pursuing derivative actions that benefit companies and their shareholders by recovering damages and implementing meaningful corporate governance improvements. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise, and resources enable the firm to resolve disputes in a wide range of matters, including derivative actions, class actions and complex commercial litigation.

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