The Gross Law Firm Reminds Petco Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 29, 2025 - WOOF

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].