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Investors in Petco Health and Wellness Company, Inc. Should Contact The Gross Law Firm Before August 29, 2025 to Discuss Your Rights – WOOF
GlobeNewswire News Room· 2025-07-21 20:28
Core Viewpoint - Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is facing a class action lawsuit due to allegations of misleading statements regarding its business model and growth prospects during the pandemic [3][5]. Allegations - The pandemic-related growth experienced by Petco was deemed unsustainable, particularly its focus on premium pet food sales [3]. - The strength of Petco's differentiated product strategy was overstated, leading to inflated expectations of sustainable growth [3]. - Defendants allegedly downplayed the severity of issues affecting the company and the necessary changes to address them, which could negatively impact comparable sales [3]. - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [3]. Class Action Details - The class period for the lawsuit is from January 14, 2021, to June 5, 2025 [3]. - Shareholders are encouraged to register for the class action by the deadline of August 29, 2025, to potentially become lead plaintiffs [4]. - Participation in the case does not incur any costs or obligations for shareholders [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Petco Health and Wellness Company, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOOF
GlobeNewswire News Room· 2025-07-21 18:18
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Petco Health and Wellness Company, Inc. securities between January 14, 2021, and June 5, 2025, of the upcoming lead plaintiff deadline on August 29, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Petco securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by August 29, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Petco made false and misleading statements regarding the sustainability of its pandemic-related business model and the strength of its product strategy [5]. - It is claimed that the defendants downplayed the severity of issues affecting Petco's business and overstated its ability to achieve sustainable, profitable growth [5]. - The lawsuit asserts that when the true details became known, investors suffered damages due to the misleading public statements made by the defendants [5].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of August 29, 2025 in Petco Health and Wellness Company, Inc. Lawsuit - WOOF
Prnewswire· 2025-07-21 12:45
NEW YORK, July 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF).Shareholders who purchased shares of WOOF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/petco-loss-submission-form/?id=157182&from=4CLASS PERIOD: January ...
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Petco
GlobeNewswire News Room· 2025-07-20 15:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Petco Health and Wellness Company, Inc. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by August 29, 2025 [3][5]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses in Petco between January 14, 2021, and June 5, 2025, to discuss their legal options [1][3]. - A federal securities class action has been filed against Petco, with a reminder of the August 29, 2025, deadline for seeking lead plaintiff status [3][7]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. Group 2: Allegations Against Petco - The complaint alleges that Petco and its executives made false and misleading statements regarding the sustainability of its pandemic-related growth and business model [5]. - Specific allegations include overstating the strength of Petco's product strategy and downplaying the severity of operational issues [5]. - The complaint claims that these misrepresentations led to an overestimation of Petco's ability to achieve sustainable, profitable growth [5]. Group 3: Financial Performance - On June 5, 2025, Petco reported first-quarter financial results, revealing net sales of $1.5 billion, which is a 2.3% decline year-over-year [6]. - Following the financial report, Petco's stock price dropped by $0.85 per share, or 23.34%, closing at $2.78 per share on June 6, 2025 [6].
ROSEN, REGARDED INVESTOR COUNSEL, Encourages Petco Health and Wellness Company, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOOF
GlobeNewswire News Room· 2025-07-18 20:14
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Petco Health and Wellness Company, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on August 29, 2025 [1]. Group 1: Class Action Details - Investors who bought Petco securities between January 14, 2021, and June 5, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by August 29, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in settlement numbers since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that Petco made false and misleading statements regarding the sustainability of its pandemic-related growth and the effectiveness of its business model focused on premium pet food [5]. - It is claimed that the company downplayed the severity of operational issues and overstated its ability to achieve sustainable growth, leading to investor damages when the truth was revealed [5].
Lost Money on Petco Health and Wellness Company, Inc.(WOOF)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-07-18 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Petco Health and Wellness Company, Inc. for alleged securities fraud affecting investors between January 14, 2021, and June 5, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Petco's pandemic-related business advantages were not sustainable and that its business model, which focuses on premium pet food, was overstated [2]. - It is alleged that the defendants minimized the true extent of the issues facing Petco, including the necessary changes to address these problems and the potential negative effects on comparable sales [2]. - The lawsuit asserts that the defendants misrepresented Petco's ability to achieve sustainable and profitable growth, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who experienced losses in Petco during the specified timeframe have until August 29, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be eligible for compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Lost Money on Petco Health and Wellness Company, Inc. (WOOF)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-07-17 20:09
Core Viewpoint - Petco Health and Wellness Company, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between January 14, 2021, and June 5, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Petco's pandemic-related business advantages were not sustainable and that its business model, which focuses on premium pet food, was overstated [2] - Defendants allegedly downplayed the severity of issues affecting Petco's business and the necessary changes to address these issues, leading to an overstatement of the company's ability to achieve sustainable growth [2] - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until August 29, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
August 29, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against WOOF
Prnewswire· 2025-07-17 13:00
Core Viewpoint - Petco Health and Wellness Company, Inc. is facing allegations regarding the sustainability of its business model and the accuracy of its public statements, particularly related to its pandemic-related growth and product strategy [2]. Group 1: Allegations - The pandemic-related growth experienced by Petco is claimed to be unsustainable, as is its focus on premium and high-grade pet food [2]. - The strength of Petco's differentiated product strategy is alleged to have been overstated [2]. - Defendants are accused of downplaying the severity of issues affecting the company and the necessary changes to address these issues [2]. - There are claims that Petco's ability to achieve sustainable and profitable growth was overstated [2]. - Public statements made by the defendants are described as materially false and misleading throughout the relevant period [2]. Group 2: Class Action Details - The class period for the allegations spans from January 14, 2021, to June 5, 2025 [2]. - Shareholders are encouraged to register for the class action by the deadline of August 29, 2025 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [3]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
PETCO ALERT: Bragar Eagel & Squire, P.C. Reminds Petco Health and Wellness Investors that a Class Action Lawsuit Has Been Filed and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-07-16 23:30
Core Viewpoint - A class action lawsuit has been filed against Petco Health and Wellness Company, Inc. for allegedly making materially false and misleading statements regarding its business and operations during the pandemic period [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of California on behalf of investors who purchased Petco securities between January 14, 2021, and June 5, 2025 [1]. - Investors have until August 29, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Allegations Against Petco - The lawsuit alleges that Petco's pandemic-related business advantages were unsustainable and that its business model focused on premium pet food was flawed [3]. - It is claimed that the strength of Petco's differentiated product strategy was overstated, and the company downplayed the severity of the issues it faced [3]. - The defendants are accused of overstating Petco's ability to achieve sustainable and profitable growth [3].
Petco Health and Wellness Company, Inc. Class Action: The Gross Law Firm Reminds Petco Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 29, 2025 – WOOF
GlobeNewswire News Room· 2025-07-16 13:08
Core Viewpoint - Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is facing a class action lawsuit due to allegations of misleading statements regarding its business model and growth prospects during the pandemic [3][5]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from January 14, 2021, to June 5, 2025 [3]. - Allegations include that Petco's pandemic-related growth was unsustainable and that its business model, which focuses on premium pet food, was overstated [3]. - The company is accused of downplaying the severity of issues affecting its business and overstating its ability to achieve sustainable, profitable growth [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by August 29, 2025 [4]. - Registration allows shareholders to receive updates on the case and does not incur any costs or obligations [4]. Law Firm Information - The Gross Law Firm is leading the class action and is recognized for protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].