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Contact The Gross Law Firm by August 29, 2025 Deadline to Join Class Action Against Petco Health and Wellness Company, Inc. (WOOF)
Petco Health and Wellness panyPetco Health and Wellness pany(US:WOOF) GlobeNewswire News Roomยท2025-07-24 20:00

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 potential during the pandemic [3][5]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from January 14, 2021, to June 5, 2025 [3]. - Allegations include that Petco's pandemic-related growth was unsustainable and that its premium pet food business model was overstated [3]. - The company is accused of downplaying the severity of issues affecting its business and overstating its ability to achieve sustainable growth [3]. Shareholder Information - Shareholders who purchased shares during the specified class period are encouraged to register for the class action [4]. - The deadline for seeking lead plaintiff status is August 29, 2025 [4]. - Participants will receive updates through a portfolio monitoring software [4]. Legal Representation - The Gross Law Firm is representing the shareholders and is recognized for its commitment to protecting investor rights [5]. - The firm aims to recover losses incurred by investors due to misleading statements that inflated the company's stock price [5].