#United States #New York #Class Action #Securities Fraud #Petco

Petco Investors Notified of Class Action Lawsuit

Levi & Korsinsky, LLP has recently issued an alert to investors of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) regarding a pending class action lawsuit that seeks to recover losses suffered due to alleged securities fraud. The lawsuit is significant, as it aims to represent individuals who experienced adverse impacts on their investments during a specified period from January 14, 2021, to June 5, 2025.

Details of the Class Action

The class action centers around claims that Petco's pandemic-fueled growth and its business model of selling high-grade pet food were not sustainable. Key allegations include that the company, and its officials, exaggerated the strength of its unique product strategy while downplaying the depth and seriousness of underlying issues with the business. Investors will be exploring evidence that suggests the company's public statements were materially misleading, particularly concerning its claims about delivering sustainable, profitable growth.

Critical Dates to Note

Investors wishing to participate must act quickly, as the deadline for requesting to be appointed as lead plaintiff is set for August 29, 2025. It is important to note that you do not need to be a lead plaintiff to share in any potential recoveries that may arise from the lawsuit. The firm encourages anyone who has suffered losses in Petco within this timeframe to get in touch to explore their options.

How to Get Involved

Levi & Korsinsky has made the process accessible, ensuring that potential class members can participate without incurring any fees or out-of-pocket costs. For more information and to fill out a submission form, you can visit their website.

Company Expertise

Levi & Korsinsky emphasizes its history in representing investors and its proven track record of success in high-stakes securities litigation. Over the past two decades, they have secured hundreds of millions of dollars for harmed shareholders and are recognized as one of the top firms in the field.

Contact Information

Investors interested in pursuing this claim or seeking additional information can reach out to Joseph E. Levi, Esq., or Ed Korsinsky, Esq., at Levi & Korsinsky, LLP. The firm operates out of New York and offers various methods for investors to connect, including email and direct phone lines. Their address is:

33 Whitehall Street, 17th Floor, New York, NY 10004
Tel: (212) 363-7500
Email: [email protected]

In conclusion, this class action lawsuit serves as a significant opportunity for investors in Petco to reclaim potential losses incurred during the referenced period. As deadlines approach, timely action is essential. The firm stands ready to assist affected investors through the intricacies of this legal process, ensuring that they fully understand their rights and options.