Invested in
National Vision Holdings?
Attention National Vision Holdings shareholders: contact investor lawyers for a free evaluation of your potential claims for compensation today.
- Did you acquire shares of National Vision Holdings, Inc. (Nasdaq: EYE) prior to May 2021, and do you still hold your EYE shares?
- Are you concerned about the recent performance of EYE stock?
- Are you concerned about the conduct of National Vision’s officers and directors, following allegations of materially false and misleading statements in connection with National Vision’s alleged staff shortages and the impact of increased wage and compensation payments on company’s profitability metrics?
- Would you like your potential options for compensation and/or redress to be reviewed by an experienced team of investor lawyers?
Request a free case evaluation of your potential claims for compensation today, via email at arosca@rscounsel.law, through the contact form on this page, or by calling 888-998-0530.
Contact Us About Your
Investments
Free Case Evaluation
The National Vision Holdings Class Action Investigation page is the resource for investors who bought National Vision Holdings shares before May 2021 and would like to evaluate compensation claims.
- Free Case Evaluation
- No Fees if No Recovery
- Contact Us Today
We can also do a Zoom call to discuss your matter.
Posted September 20, 2023
National Vision Holdings Investigation
Securities attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner have been investigating alleged securities violations, corporate misconduct, and misrepresentations, as well as questionable business practices involving National Vision Holdings, Inc., and have identified potential areas of concern for National Vision investors.
What National Vision Investors May Do
EYE investors interested in an evaluation of their potential options to seek compensation and/or pursue claims related to their National Vision investment may contact investor rights attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner. Claims that are not timely pursued may expire or otherwise be lost, generally speaking.
Get in Touch with an Experienced Team of Investor Attorneys
Attorneys Rosca, Scarlato, and Weidner have extensive experience in seeking compensation related to investor harm and pursuing claims arising out of alleged violations of securities law and/or corporate misconduct, and are currently evaluating potential claims on behalf of investors in National Vision Holdings, Inc.
They typically work on a contingent fee basis, do not require any money down from their clients, advance case expenses, and only get paid for their fees and expenses if and when successful, following review and approval by the Court of any fee application.
Concerned EYE stock investors may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to discuss their potential options toll free at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.
Potential Compensation Claims
Has National Vision’s Management Been Accused of Misconduct?
National Vision Holdings, and certain of its senior officers and directors, have been subject to a class action lawsuit, filed in the United States District Court for the Northen District of Georgia in early 2023.
National Vision and its control persons were accused in that class action lawsuit of, among others, violating securities laws by allegedly making materially false and/or misleading statements and failing to disclose materially adverse facts that allegedly caused National Vision’s stock to trade at artificially inflated prices.
According to the complaint, National Vision allegedly failed to disclose that in order to assist its efforts to recruit and retain healthcare staff to keep up with customer demand, National Vision allegedly implemented a “significant multi-million dollar investment” in wage and compensation payments. Despite being aware of the impact on company’s earnings, National Vision allegedly deliberately concealed the scope of the investment, the complaint adds. Furthermore, National Vision’s recruitment and retention efforts reportedly ultimately failed, materially impacting National Vision’s financial and operational results, according to the complaint.
What Happened to EYE Stock Price?
EYE shareholders first learned of National Vision’s investments in wage and compensation payments, and their impact on company’s profitability, during an earnings call with analysts and investors to discuss National Vision’s third quarter 2021 results, the class action complaint alleges. Following the news, the EYE stock price reportedly declined 13% on an abnormally heavy volume, the complaint adds.
On May 10, 2022, National Vision reportedly issued its financial results for the first fiscal quarter of 2022, announcing decreased revenues, lower net income, and diluted estimated price per share. In addition, the company slashed its 2022 outlook, attributing the disappointing results to, among others, “emerging constraints to exam capacity,” the complaint alleges. On the same day, the price per share reportedly fell to $24.93, and according to data by Yahoo Finance, as of the date of this blog the price per EYE share was $16.53.
Potential Claims for Compensation for National Vision Holdings Shareholders
Investor rights attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner at Rosca Scarlato are investigating potential options and are evaluating potential claims for compensation on behalf of EYE shareholders who have held EYE shares since May 2021 or earlier. They have decades of combined experience representing victims of corporate or financial misconduct.
If you are a National Vision Holdings investor concerned about your investment and/or its value and have purchased your National Vision shares before May 2021, you may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to learn more about your rights and for an evaluation of your potential claims, or to provide useful information.
All consultations are free. The Rosca Scarlato attorneys typically take cases like this on a contingency fee basis, advance all case costs, and only get paid for their fees and expenses if and when they are successful, following review and approval by the Court of any fee application.
To reach attorney Alan Rosca or his colleagues, National Vision Holdings investors may call 888-998-0530, email arosca@rscounsel.law, or leave a message through the contact form on this webpage.
The general considerations on this page are for informational purposes only and do not constitute legal advice. Such legal advice can only be offered once the attorneys discuss each investor’s situation, learn of the relevant facts and can tailor any advice to that investor’s facts. The National Vision Holdings Class Action Investigation page is not affiliated with National Vision Holdings, Inc. There has not been an adjudication on the merits of any allegations referenced in this blog post, as of the date of the posting.
Contact info:
Rosca Scarlato LLC – 216-946-7070 / 888-998-0530.
Alan Rosca – arosca@rscounsel.law
Paul Scarlato – pscarlato@rscounsel.law
Kathryn Weidner – kweidner@rscounsel.law
Recent Investigations
DISCLAIMER
In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.
