Core Viewpoint - The Gross Law Firm is notifying shareholders of Petco Health and Wellness Company, Inc. regarding a potential class action lawsuit due to alleged misleading statements and unsustainable business practices during the pandemic [1][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 company is accused of downplaying the severity of issues affecting its business and the necessary changes to address these issues [3]. - It is claimed that Petco's ability to achieve sustainable and profitable growth was overstated, leading to materially false and misleading public statements [3]. Group 2: Class Action Details - 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 potentially be appointed as lead plaintiffs [4]. - Participation in the case is at no cost to shareholders, and they will receive updates through a portfolio monitoring system [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [5]. - The firm seeks recovery for investors who suffered losses due to misleading statements that inflated stock prices [5].
Shareholders of Petco Health and Wellness Company, Inc. Should Contact The Gross Law Firm Before August 29, 2025 to Discuss Your Rights – WOOF