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, particularly regarding misleading statements about the sustainability of its business model and financial performance [4][6]. Group 1: Legal Investigation - The firm is encouraging investors who suffered losses in Petco to contact them to discuss their legal options [1]. - There is a deadline of August 29, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Petco [4]. - The investigation is focused on claims that Petco and its executives made false or misleading statements regarding the company's business model and financial health [6]. Group 2: Financial Performance - Petco reported net sales of $1.5 billion for the first quarter of 2025, which represents a 2.3% year-over-year decline [7]. - Following the release of these financial results, Petco's stock price fell by $0.85 per share, or 23.34%, closing at $2.78 per share on June 6, 2025 [7]. Group 3: Allegations of Misconduct - The complaint alleges that Petco's pandemic-related growth was unsustainable and that the company overstated its product strategy's effectiveness [6]. - It is claimed that the executives downplayed the severity of issues affecting the company and the necessary changes to address them, leading to an overestimation of Petco's ability to achieve sustainable growth [6].

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 growth prospects during the pandemic [1][3]. Summary by Relevant Sections 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]. Allegations Against Petco - The lawsuit claims that Petco's pandemic-related growth was unsustainable and that its business model focused on premium pet food was overstated [3]. - It is alleged that the company downplayed the severity of operational issues and the necessary changes to address them, which could negatively impact comparable sales metrics [3]. - The defendants are accused of overstating Petco's ability to achieve sustainable and profitable growth [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 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 hundreds of millions of dollars 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]

Core Viewpoint - Berger Montague is investigating potential securities law violations involving Petco Health and Wellness Company, with a class action lawsuit filed for investors who acquired Petco securities between January 14, 2021, and June 5, 2025 [1][2]. Group 1: Legal Action and Allegations - A class action lawsuit has been initiated on behalf of investors who purchased Petco securities during the specified Class Period [1][2]. - The complaint alleges that Petco made materially false and misleading statements regarding its pandemic-related advantages and the sustainability of its premium pet food business model [3]. - It is claimed that Petco overstated its ability to achieve profitable growth while downplaying operational challenges, leading to significant stock price declines, including a drop of over 20% on August 24, 2023, after a downward revision of financial guidance [3]. Group 2: Investor Information - Investors who acquired Petco securities during the Class Period have until August 29, 2025, to seek appointment as lead plaintiff representative of the class [2]. - For more information regarding the legal action, investors can contact Berger Montague [4][6].

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]

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].

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].

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].

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].

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].