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EYE ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of March 28, 2023 in The Class Action Filed on Behalf of National Vision Holdings, Inc. Limited Shareholders
New York, New York--(Newsfile Corp. - February 27, 2023) - The Klein Law Firm announces that a cl...
About this update from Rise Nano Optics Ltd.
[{"type":"text","content":"EYE ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of March 28, 2023 in The Class Action Filed on Behalf of National Vision Holdings, Inc. Limited ShareholdersNew York, New York--(Newsfile Corp. - February 27, 2023) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of National Vision Holdings, Inc. (NASDAQ: EYE) alleging that the Company violated federal securities laws.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.Lead Plaintiff Deadline: March 28, 2023No obligation or cost to you.Learn more about your recoverable losses in EYE:https://www.kleinstocklaw.com/pslra-1/national-vision-lawsuit-loss-submission-form?id=36877&from=5National Vision Holdings, Inc. NEWS - EYE NEWSCLASS ACTION CASE DETAILS: The filed complaint alleges that National Vision Holdings, Inc. made 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.WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in National Vision you have until March 28, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.NO COST TO YOU: If you purchased National Vision securities during the relevant period, you may be entitled to compensation wit...