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 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 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. 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 minimized the true extent of the issues facing Petco, including the necessary changes to address these problems and the negative impacts 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 has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - Berger Montague is investigating potential securities fraud claims against Petco Health and Wellness Company, Inc. related to a class action lawsuit alleging misleading statements about the company's growth and business model sustainability [1][2]. Group 1: Allegations and Impact - The complaint claims that Petco made materially false and misleading statements regarding its pandemic-related growth and the sustainability of its premium pet food business model [2]. - Petco's stock price experienced significant declines, including a drop of over 20% on August 24, 2023, following a downward revision of its financial outlook [2]. - The lawsuit suggests that Petco's shift to include "value" pet food brands and multiple executive departures indicated deeper operational weaknesses, leading to increased losses for investors [3]. Group 2: Legal Proceedings - Investors who acquired Petco stock between January 14, 2021, and June 5, 2025, may seek lead plaintiff status in the case by August 29, 2025 [3].

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 and the necessary changes to address these issues, which could negatively impact comparable sales metrics [1] - Public statements made by the defendants were claimed to be materially false and misleading, affecting investor perception and stock valuation [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 become lead plaintiffs [1] - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [1] - Participation in the case incurs no cost or obligation 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 statements led to an overestimation of Petco's ability to achieve sustainable, profitable growth, resulting in investor damages when the truth was revealed [5].

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 operations and prospects during the pandemic period [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of California on behalf of all individuals and entities 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 claims that Petco's pandemic-related business advantages were unsustainable and that its business model focused on premium pet food was flawed [3]. - It is alleged 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, which has negatively impacted its comparable sales metrics [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 growth was not sustainable and that its business model, which focuses on premium pet food, was overstated [2] - It is alleged that the company downplayed the severity of issues affecting its business and the necessary changes to address these problems [2] - The defendants are accused of overstating 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 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 entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [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 U.S. [4]

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 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 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 has a history of securing hundreds of millions of dollars 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. is facing allegations related to misleading statements about its business model and growth potential during the pandemic period, leading to a class action lawsuit [2]. Group 1: Allegations - The pandemic-related growth experienced by Petco was deemed unsustainable, questioning the viability of its premium pet food business model [2]. - The strength of Petco's differentiated product strategy was overstated, suggesting a lack of transparency regarding its actual performance [2]. - 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 [2]. - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 14, 2021, to June 5, 2025, with a deadline for shareholders to register by August 29, 2025 [3]. - Shareholders who purchased shares during this period are encouraged to register for the class action, which includes portfolio monitoring for status updates [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [4].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Petco Health and Wellness Company, Inc. regarding a potential class action lawsuit due to alleged misleading statements and unsustainable business practices during the pandemic [1][3]. Group 1: Allegations Against Petco - Allegations include that Petco's pandemic-related growth was not sustainable and that its business model focused on premium pet food was overstated [3]. - The company is accused of downplaying the severity of issues affecting its business and the necessary changes to address these issues [3]. - It is claimed that Petco's ability to achieve sustainable and profitable growth was overstated, leading to materially false and misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 14, 2021, to June 5, 2025 [3]. - Shareholders are encouraged to register for the class action by August 29, 2025, to potentially be appointed as lead plaintiffs [4]. - Participation in the case is at no cost to shareholders, and they will receive updates through a portfolio monitoring system [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated stock prices [5].