Investors Who Hold Grocery Outlet Holding Corp. (NASDAQ:GO) Shares Should Contact the Shareholders Foundation in Connection With Pending Lawsuit

SAN DIEGO, June 17, 2026 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit is currently pending for certain investors in Grocery Outlet Holding Corp. (NASDAQ:GO) shares.

Investors who purchased shares of Grocery Outlet Holding Corp. (NASDAQ:GO) prior to August 2025 and continue to hold any of those NASDAQ:GO shares have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On March 16, 2026, a NASDAQ:GO investor filed a lawsuit over alleged securities laws violations by Grocery Outlet Holding Corp. The plaintiff alleged that the defendants failed to disclose to investors that the Company had "expanded too quickly" into new stores, that the Company's purportedly strong financial and operational growth was being artificially supported by excessive rapid store expansion, that as a result, the Company was unable to achieve the sustainable growth required to meet its previously set guidance, that the Company's Restructuring Plan would require further Optimization to achieve its operational goals, including significant store closures and asset write-downs, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Grocery Outlet Holding Corp. (NASDAQ:GO) should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.