Core Viewpoint - Petco Health and Wellness Company, Inc. is facing allegations related to misleading statements about its business model and growth potential during the pandemic period, leading to a class action lawsuit for shareholders who purchased shares between January 14, 2021, and June 5, 2025 [1]. Group 1: Allegations Against Petco - The pandemic-related growth experienced by Petco was deemed unsustainable, questioning the viability of its premium pet food business model [1]. - The strength of Petco's differentiated product strategy was overstated, suggesting that the company may not have a competitive edge as previously claimed [1]. - Defendants allegedly downplayed the severity of issues affecting the company, including the necessary changes to address these problems and the potential negative impacts on comparable sales [1]. - Public statements made by the defendants were characterized as materially false and misleading, impacting investor trust and stock performance [1]. Group 2: Class Action Details - Shareholders are encouraged to register for the class action lawsuit by the deadline of August 29, 2025, to potentially be appointed as lead plaintiffs [1]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [1]. - Participation in the class action does not incur any costs or obligations for the shareholders [1].

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 throughout the Class Period, Petco's management made false and misleading statements regarding the sustainability of its pandemic-related growth and the viability of its business model focused on premium pet food [5]. - It is claimed that the strength of Petco's differentiated product strategy was overstated, and the true scope of issues affecting the company was downplayed [5]. - The lawsuit asserts that these misleading public statements resulted in damages to investors when the true details became known [5].

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] Group 1: Lawsuit Details - The lawsuit claims that Petco's pandemic-related advantages were not sustainable and that its business model focused on premium pet food was flawed [2] - It is alleged that the strength of Petco's differentiated product strategy was overstated, and the true scope of issues was downplayed by the defendants [2] - Defendants are accused of overstating Petco's ability to achieve sustainable, profitable growth, leading to materially false and misleading public statements [2] Group 2: Next Steps for Investors - Investors who suffered losses in Petco during the specified timeframe have until August 29, 2025, to request appointment as lead plaintiff, although participation does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4]

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][2]. Group 1: Lawsuit Details - The lawsuit claims that Petco's pandemic-related growth was 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, profitable 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 compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

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 potential 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].

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 performance during the pandemic and its product strategy [2]. Group 1: Allegations and Class Action Details - The class period for the allegations against Petco is from January 14, 2021, to June 5, 2025 [2]. - Allegations include that Petco's pandemic-related growth was unsustainable and that its business model, focused on premium pet food, was overstated [2]. - Defendants are accused of downplaying the severity of issues affecting the company and overstating its ability to achieve sustainable, profitable growth [2]. Group 2: Shareholder Information - Shareholders who purchased shares during the specified class period 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's progress [3]. - Participation in the case does not incur any cost or obligation for shareholders [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to recover losses for investors caused by misleading statements or omissions that inflated the company's stock price [4].

Core Viewpoint - Petco Health and Wellness Company, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its business model and financial performance during the pandemic [3]. Group 1: Class Action Details - The class action represents investors who purchased Petco securities between January 14, 2021, and June 5, 2025, with a deadline to file a lead plaintiff motion by August 29, 2025 [1]. - Investors can contact the Portnoy Law Firm for a complimentary case evaluation and to discuss options for recovering losses [2]. Group 2: Allegations Against Petco - The complaint alleges that Petco made materially false and misleading statements about the impact of pandemic-driven growth and the sustainability of its premium pet food business model [3]. - It is claimed that the company overstated its ability to achieve profitable growth while downplaying ongoing operational challenges [3]. - Following a downward revision of its financial guidance, Petco's stock dropped over 20% on August 24, 2023, and continued to decline after further disclosures and changes in executive leadership [3].

Group 1 - A class action lawsuit has been filed on behalf of purchasers of Petco Health and Wellness Company, Inc. securities between January 14, 2021 and June 5, 2025 [1][5] - Investors who purchased Petco securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5] - The lawsuit alleges that Petco made false and misleading statements regarding its business model and the sustainability of its pandemic-related growth [5] Group 2 - The Rosen Law Firm, which is representing the investors, has a strong track record in securities class actions, having secured over $438 million for investors in 2019 alone [4] - The firm has been recognized for its success in securities class action settlements, being ranked No. 1 by ISS Securities Class Action Services in 2017 [4] - Investors interested in joining the class action can find more information through the Rosen Law Firm's website or by contacting their representatives [3][6]

Core Viewpoint - Berger Montague is investigating potential securities law violations involving Petco Health and Wellness Company, Inc., following a class action lawsuit filed on behalf of investors who acquired Petco securities between January 14, 2021, and June 5, 2025 [1][2] Company Overview - Petco, headquartered in San Diego, CA, focuses on enhancing the lives of pets and pet parents [2] Allegations and Financial Impact - The complaint alleges that Petco made materially false and misleading statements regarding its pandemic-related tailwinds and the sustainability of its premium pet food business model [3] - It is claimed that the company overstated its ability to deliver profitable growth while downplaying operational challenges, leading to significant declines in Petco's stock price [3] - Notably, Petco's stock price dropped by more than 20% on August 24, 2023, following a downward revision of financial guidance, with further declines after subsequent disclosures and leadership changes [3]

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] - It is alleged that the defendants downplayed the severity of issues affecting Petco's business and the necessary changes to address these issues, which could negatively impact 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 suffered 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 serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant compensation for shareholders and has extensive experience in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]