City of Southfield General Employees' Retirement System v. National Vision Holdings, Inc. et al

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Case overview

Case Number:

1:23-cv-00425

Court:

Georgia Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Victoria M. Calvert

Firms

  1. April 01, 2024

    Optical Co. Beats Investor Suit Over Pandemic Staffing Levels

    A Georgia federal judge has permanently tossed an investor suit accusing National Vision of failing to disclose issues with its staffing levels during the pandemic, saying the investors did not adequately plead that any of the challenged statements allegedly made by the optical company were false or misleading.

  2. January 18, 2024

    Ga. Judge Unsure If Optical Co.'s 'Omissions' Make For Fraud

    A Georgia federal judge expressed uncertainty Thursday about whether alleged "half-truths" and "omissions" by National Vision about the state of its staffing levels, which investors say led to a series of stock price tumbles during the COVID-19 pandemic, rose to the level of willful securities fraud.

  3. August 22, 2023

    Eyewear Co. Fights Investor Suit Over Optometrist Shortage

    National Vision Holdings Inc. asked a Georgia federal court to dismiss a proposed investor class action claiming shareholders were hurt by the company's attempt to hide the effects of an optometrist shortage, arguing the alleged misleading statements are nonactionable.

  4. May 22, 2023

    Robbins Geller To Lead Investor Suit Against Eyewear Co.

    Robbins Geller Rudman & Dowd LLP will represent a proposed class of investors in their suit alleging a "severe optometrist shortage" at eyeglass retailer National Vision Holdings hurt investors in 2022, an Atlanta federal judge has determined.

  5. March 29, 2023

    Funds, Robbins Geller Seek To Lead Optical Co. Investor Suit

    Two pension funds urged a Georgia federal court to appoint them as lead plaintiffs and Robbins Geller Rudman & Dowd LLP as lead counsel in a proposed securities class action accusing National Vision Holdings of hurting investors by concealing a "severe optometrist shortage" at the start of 2022.

  6. January 31, 2023

    Optical Co. Hid Optometrist Staffing Woes, Investor Claims

    Optical retailer National Vision Holdings Inc. faces a proposed investor class action alleging it hurt investors by concealing that it experienced a "severe optometrist shortage" in the beginning of 2022.