PETCO HEALTH AND WELLNESS COMPANY (NASDAQ: WOOF) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by August 29, 2025

Core Viewpoint - Berger Montague is investigating potential securities fraud claims against Petco Health and Wellness Company, Inc. related to a class action lawsuit alleging misleading statements about the company's growth and business model sustainability [1][2]. Group 1: Allegations and Impact - The complaint claims that Petco made materially false and misleading statements regarding its pandemic-related growth and the sustainability of its premium pet food business model [2]. - Petco's stock price experienced significant declines, including a drop of over 20% on August 24, 2023, following a downward revision of its financial outlook [2]. - The lawsuit suggests that Petco's shift to include "value" pet food brands and multiple executive departures indicated deeper operational weaknesses, leading to increased losses for investors [3]. Group 2: Legal Proceedings - Investors who acquired Petco stock between January 14, 2021, and June 5, 2025, may seek lead plaintiff status in the case by August 29, 2025 [3].