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The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Petco Health and Wellness Company, Inc.(WOOF) Shareholders
Prnewswire· 2025-08-11 12:45
Core Points - The Gross Law Firm is notifying shareholders of Petco Health and Wellness Company, Inc. regarding potential lead plaintiff appointments in a class action lawsuit [1] - The class period for the allegations against Petco spans from January 14, 2021, to June 5, 2025 [2] - Allegations include unsustainable pandemic-related growth, overstated product strategy effectiveness, and misleading public statements regarding the company's growth potential [2] Allegations Summary - Petco's pandemic-related growth was deemed unsustainable, questioning the viability of its premium pet food business model [2] - The effectiveness of Petco's differentiated product strategy was overstated, leading to concerns about the company's true market position [2] - Defendants allegedly downplayed the severity of operational issues and the necessary changes to address them, impacting comparable sales metrics [2] - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [2] Next Steps for Shareholders - Shareholders are encouraged to register for the class action by the deadline of August 29, 2025, to monitor the case's progress [3] - Registration allows shareholders to receive updates through portfolio monitoring software [3] - Participation in the case incurs no cost or obligation for shareholders [3]
WOOF IMPORTANT DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Petco Health and Wellness Company, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – WOOF
GlobeNewswire News Room· 2025-08-10 23:47
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 growth and its business model focused on premium pet food [5]. - It is claimed that the strength of Petco's product strategy was overstated, and the company downplayed the severity of issues affecting its business [5]. - The lawsuit asserts that these misrepresentations led to damages for investors when the true situation was revealed [5].
WOOF Deadline: WOOF Investors with Losses in Excess of $100K Have Opportunity to Lead Petco Health and Wellness Company, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-08-09 22:08
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 eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the August 29, 2025 deadline [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: 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 growth, leading to investor damages when the truth was revealed [5].
Class Action Filed Against Petco Health and Wellness Company, Inc. (WOOF) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-08-08 12:45
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 business advantages were 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, which misled investors about its growth potential [2]. - Defendants are accused of providing materially false and misleading public statements regarding Petco's ability to achieve sustainable and profitable growth [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 role [3]. - Class members may be entitled to compensation without incurring 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 of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
PETCO DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Petco Health and Wellness Company, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOOF
GlobeNewswire News Room· 2025-08-07 21:05
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 purchased 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 interested parties must move the Court to serve as lead plaintiff 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 product strategy was overstated, and the true scope of operational issues was downplayed, leading to an overestimation of the company's ability to achieve sustainable growth [5].
Petco Health and Wellness Company, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. August 29, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-08-07 20:40
Core Viewpoint - Petco Health and Wellness Company, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its pandemic-driven growth and the sustainability of its premium pet food business model [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 for filing a lead plaintiff motion set for August 29, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Allegations Against Petco - The complaint alleges that Petco made materially false and misleading statements about its growth and profitability, overstating its ability to achieve profitable growth while downplaying 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].
Petco Health and Wellness Company, Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before August 29, 2025 to Discuss Your Rights – WOOF
GlobeNewswire News Room· 2025-08-07 20:32
Core Viewpoint - The Gross Law Firm is notifying shareholders of Petco Health and Wellness Company, Inc. regarding a class action lawsuit related to misleading statements made by the company during the class period from January 14, 2021, to June 5, 2025 [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 strength of Petco's differentiated product strategy was claimed to be exaggerated, and the company downplayed the severity of issues affecting its business [3]. - Defendants allegedly overstated Petco's ability to achieve sustainable, profitable growth, leading to materially false and misleading public statements [3]. Group 2: Class Action Details - The deadline for shareholders to register for the class action is August 29, 2025, and participation does not incur any cost or obligation [4]. - Shareholders who register will receive updates through a portfolio monitoring software regarding the status of the case [4]. - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements by the company [5].
Petco to Host Second Quarter 2025 Earnings Conference Call on Aug. 28, 2025
Prnewswire· 2025-08-07 20:06
Group 1 - Petco will release its financial results for the second quarter of fiscal 2025 after market close on August 28, 2025 [1] - A conference call to discuss the results will be held at 4:30 p.m. Eastern time on the same day [1] - A live webcast of the conference call will be available on the company's Investor Relations page, with a replay accessible approximately two hours after the call [2] Group 2 - Petco has been serving pet owners for over 60 years, providing a wide range of products and services for pets [3] - The company operates more than 1,500 stores across the U.S., Mexico, and Puerto Rico, offering exclusive pet care products and expertise [3] - Petco Love, founded in 1999, has supported thousands of local animal welfare groups and helped find homes for approximately 7 million animals through in-store adoption events [3]
Petco Health and Wellness Company, Inc. Class Action: Levi & Korsinsky Reminds Petco Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 29, 2025 - WOOF
Prnewswire· 2025-08-05 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 issues and the potential 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 serving as lead plaintiff [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].
Petco Health and Wellness Company, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before August 29, 2025 to Discuss Your Rights – WOOF
GlobeNewswire News Room· 2025-08-04 20:23
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][4]. Summary by Relevant Sections Allegations - The lawsuit claims that Petco's pandemic-related growth was unsustainable and that its business model, which focuses on premium pet food, was overstated [3]. - It is alleged that the company downplayed the severity of issues affecting its business and the necessary changes to address these problems [3]. - The defendants are accused of overstating Petco's ability to achieve sustainable and profitable growth, leading to materially false and misleading public statements [3]. Class Period and Deadlines - 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 participate in potential recovery [4]. 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 emphasizes its commitment to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].