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PETCO DEADLINE ALERT: ROSEN, A LEADING LAW FIRM, Encourages Petco Health and Wellness Company, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 29 Deadline in Securities Class Action – WOOF
GlobeNewswire News Room·2025-08-16 20:55

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 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 differentiated product strategy was overstated, and the true scope of issues affecting the company was downplayed [5]. - The lawsuit asserts that these misleading statements led to an overestimation of Petco's ability to achieve sustainable, profitable growth, resulting in investor damages when the truth was revealed [5].