Lost Money on Petco Health and Wellness Company, Inc.(WOOF)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm

Core Viewpoint - Petco Health and Wellness Company, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its business model and growth prospects during the pandemic [1] Allegations Summary - Allegation 1: Petco's pandemic-related growth was unsustainable, and its business model focused on premium pet food was flawed [1] - Allegation 2: The strength of Petco's differentiated product strategy was overstated [1] - Allegation 3: Defendants downplayed the severity of issues and the necessary changes to address them, impacting comparable sales [1] - Allegation 4: Defendants exaggerated Petco's ability to achieve sustainable, profitable growth [1] - Allegation 5: Public statements made by defendants were materially false and misleading [1] Class Action Details - Class period for the lawsuit is from January 14, 2021, to June 5, 2025 [1] - Deadline for shareholders to register for the class action is August 29, 2025 [1] - Shareholders can enroll in a portfolio monitoring software for updates on the case [1]