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Plumbers, Pipefitters and Apprentices Local No. 112 Pension Fund v. Vestis Corporation et al
Case Number:
1:24-cv-02175
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Johnson Fistel
- Latham & Watkins
- Lindsey & Lacy
- Mayer Brown
- Saxena White
- Taft Stettinius
- Willkie Farr
- Winston & Strawn
Companies
Sectors & Industries:
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October 02, 2025
Aramark, Vestis Can't Nix Investor Suit Over Spinoff's Woes
Uniform supplier Vestis Corp. and food and facilities services giant Aramark can't shed proposed shareholder class action claims that they misled investors about Vestis' operations and customer relationships prior to its 2023 spinoff from Aramark.
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February 26, 2025
Aramark, Spinoff Co. Want 'Fraud By Hindsight' Suit Tossed
Aramark and a uniform supplier spinoff company asked a Georgia federal judge Tuesday to dismiss claims that it intentionally lied to investors about chronic underfunding of the business, accusing a union pension fund of "using a pleading tactic universally condemned by the courts: fraud by hindsight."
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May 17, 2024
Aramark Spinoff Faces Investor Action Over Slow Growth
Uniform supplier Vestis Corp. was hit with a proposed class action on Friday alleging that it concealed years of underfunding prior to being spunoff by Aramark last year, leaving it unable to grow its revenue and retain customers.