Berger Montague Investigates Potential Securities Law Violations by Petco Health and Wellness Company, Inc. Following Class Action Filing

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] Group 1: Legal Investigation - A class action lawsuit has been initiated against Petco, with a deadline for investors to seek lead plaintiff status by August 29, 2025 [2] - The lawsuit alleges that Petco made materially false and misleading statements regarding its pandemic-related growth and the sustainability of its premium pet food business model [3] Group 2: Financial Impact - The complaint claims that these misrepresentations led to significant declines in Petco's stock price, including a drop of over 20% on August 24, 2023, following a downward revision of financial guidance [3]