Core Viewpoint - A shareholder class action lawsuit has been filed against Petco Health and Wellness Company, alleging that the company made materially false and misleading statements regarding its business operations and prospects, particularly concerning the sustainability of its pandemic-related growth and its premium product strategy [1] Summary by Relevant Sections - Allegations Against Petco - The lawsuit claims that Petco's pandemic-related growth was unsustainable and that its business model focused on premium pet food was flawed [1] - It is alleged that the strength of Petco's differentiated product strategy was overstated [1] - The defendants are accused of downplaying the severity of the issues and the necessary changes to address them, which could negatively impact Petco's comparable sales [1] - The lawsuit asserts that Petco's ability to achieve sustainable and profitable growth was overstated [1] - Legal Information for Affected Shareholders - Shareholders who purchased Petco shares between January 14, 2021, and June 5, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline for shareholders to request to be appointed as lead plaintiff in the case is August 29, 2025 [3] - Law Firm Background - Holzer & Holzer, LLC is noted as a top-rated securities litigation law firm, specializing in representing shareholders in class action and derivative litigation [3] - The firm has a history of recovering hundreds of millions of dollars for shareholders affected by corporate misconduct since its founding in 2000 [3]
DEADLINE ALERT: Holzer & Holzer, LLC Reminds Investors of August 29, 2025 Lead Plaintiff Deadline in the Petco Health and Wellness Company, Inc. (WOOF) Class Action – Investors With Significant Losses Encouraged to Contact the Firm