Petco investors file class action alleging securities fraud between 2021 and 2025.

Levi & Korsinsky has filed a class action lawsuit on behalf of Petco Health and Wellness Company investors who suffered losses due to alleged securities fraud between January 2021 and June 2025. The lawsuit claims that Petco's business model was unsustainable and its pandemic-related growth was overstated. Investors can contact Joseph E. Levi via email or phone to learn more and submit a claim.

Levi & Korsinsky, LLP has filed a class action lawsuit on behalf of investors in Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) who suffered losses due to alleged securities fraud between January 14, 2021, and June 5, 2025. The lawsuit, pending before the court, seeks to recover losses on behalf of investors who were adversely affected by the alleged misstatements and omissions in Petco's public filings and disclosures.

The lawsuit claims that Petco's business model was unsustainable, and its pandemic-related growth was overstated. The complaint alleges that Petco's management made misleading statements about the company's ability to deliver sustainable, profitable growth, which led investors to suffer significant financial losses. Specifically, the lawsuit contends that Petco overstated the strength of its differentiated product strategy and downplayed the true scope and severity of the issues affecting its business model [2].

Investors who believe they may have been adversely affected by the alleged securities fraud are encouraged to contact Joseph E. Levi, Esq., via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. The deadline to request that the court appoint them as lead plaintiffs is August 29, 2025. Participation in the class action does not require individuals to serve as lead plaintiffs.

Petco Health and Wellness Company, Inc. has not been found liable for any wrongdoing, and the matters described in the lawsuit are allegations only. The company is currently facing an ongoing investigation by Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud [1].

References:
[1] https://www.claimdepot.com/investigations/petco-health-and-wellness-company-inc-securities-2025
[2] https://www.morningstar.com/news/globe-newswire/9514370/petco-health-and-wellness-company-inc-securities-fraud-class-action-lawsuit-pending-contact-levi-korsinsky-before-august-29-2025-to-discuss-your-rights-woof