NEW YORK,
March 22,
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=37477&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=37477&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