NEW
YORK, March 15, 2023 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
National Vision Holdings, Inc..
Shareholders who purchased shares of EYE during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/national-vision-holdings-inc-loss-submission-form/?id=37269&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons
who purchased shares of National Vision common stock between
May 13, 2021, and May 9, 2022, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (a) National Vision was
experiencing extraordinary wage and labor pressures as a result of
intense competition and disruptions in the labor market due to the
COVID-19 pandemic; (b) National Vision had made a significant
multi-million dollar investment in wage and compensation payments
to its vision care professionals in order to prevent mass
defections in the middle of 2021; (c) the enhanced payouts were
expected to negatively impact the Company's fourth quarter 2021
costs and profit margins to an extent materially greater than what
had been disclosed to investors; (d) as a result of (a)-(c) above,
the Company's profitability metrics were expected to deteriorate
below not only favorable 2020 results, but also pre-pandemic
levels; e) the Company's recruitment and retention efforts had not
been successful and there was a substantial undisclosed risk that
National Vision would experience staff and optometrist shortages
and capacity constraints.
DEADLINE: March 28, 2023
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/national-vision-holdings-inc-loss-submission-form/?id=37269&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of EYE during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is March 28, 2023. There is no cost or obligation to
you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law Firm is
committed to ensuring that companies adhere to responsible business
practices and engage in good corporate citizenship. The firm seeks
recovery on behalf of investors who incurred losses when false
and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm