According to the complaint, defendants made false and/or misleading statements and/or failed to disclose that:
- Vital Farms downplayed the risks of delay associated with the roll out of its new enterprise resource planning (“ERP”) system as merely a hypothetical;
- when the ERP roll out caused delays, Vital Farms downplayed the impact of the delay;
- in truth, the delays caused Vital Farms to miss its full year 2025 earnings guidance and earnings per share consensus; and
- as a result, defendants’ statements about Vital Farms’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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