Faruqi & Faruqi Investigates Petco Securities Class Action
ByAinvest
Saturday, Aug 9, 2025 7:50 am ET1min read
MORN--
Investors who purchased or acquired securities in Petco during this period are urged to contact Faruqi & Faruqi partner James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) [4]. The firm is seeking investors who suffered losses exceeding $75,000 to discuss their legal rights.
The lawsuit claims that Petco's business model and public statements were materially false and misleading. It alleges that the company overstated its ability to deliver sustainable, profitable growth and downplayed the true scope and severity of issues related to its business model and pandemic-related tailwinds [1][2][3].
Investors have until August 29, 2025, to request that the Court appoint them as lead plaintiff in the class action lawsuit [1][2][3]. The firm emphasizes that there is no cost or obligation to participate, and class members may be entitled to compensation without payment of any out-of-pocket costs or fees [1][2][3].
Faruqi & Faruqi, LLP is a leading national securities law firm with a track record of recovering hundreds of millions of dollars for investors. The firm has offices in New York, Pennsylvania, California, and Georgia [4].
References:
[1] https://www.prnewswire.com/news-releases/class-action-filed-against-petco-health-and-wellness-company-inc-woof-seeking-recovery-for-investors--contact-levi--korsinsky-302524964.html
[2] https://www.globenewswire.com/news-release/2025/08/08/3130353/3080/en/Levi-Korsinsky-Notifies-Petco-Health-and-Wellness-Company-Inc-Investors-of-a-Class-Action-Lawsuit-and-Upcoming-Deadline-WOOF.html
[3] https://www.morningstar.com/news/pr-newswire/20250805ny43843/petco-health-and-wellness-company-inc-class-action-levi-korsinsky-reminds-petco-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-august-29-2025-woof
[4] https://www.morningstar.com/news/pr-newswire/20250803ny42840/woof-investors-have-the-opportunity-to-lead-the-petco-securities-fraud-lawsuit-with-faruqi-faruqi-llp
WOOF--
Faruqi & Faruqi, LLP is investigating potential claims against Petco Health and Wellness Company. The firm is encouraging investors who purchased or acquired securities in Petco between January 14, 2021 and June 5, 2025 to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). A federal securities class action has been filed against the Company, with a deadline of August 29, 2025 to seek the role of lead plaintiff.
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is facing a class action securities lawsuit, with investors encouraged to contact legal experts to discuss their options. The lawsuit, filed by Faruqi & Faruqi, LLP, alleges that the company engaged in securities fraud between January 14, 2021, and June 5, 2025 [4].Investors who purchased or acquired securities in Petco during this period are urged to contact Faruqi & Faruqi partner James (Josh) Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) [4]. The firm is seeking investors who suffered losses exceeding $75,000 to discuss their legal rights.
The lawsuit claims that Petco's business model and public statements were materially false and misleading. It alleges that the company overstated its ability to deliver sustainable, profitable growth and downplayed the true scope and severity of issues related to its business model and pandemic-related tailwinds [1][2][3].
Investors have until August 29, 2025, to request that the Court appoint them as lead plaintiff in the class action lawsuit [1][2][3]. The firm emphasizes that there is no cost or obligation to participate, and class members may be entitled to compensation without payment of any out-of-pocket costs or fees [1][2][3].
Faruqi & Faruqi, LLP is a leading national securities law firm with a track record of recovering hundreds of millions of dollars for investors. The firm has offices in New York, Pennsylvania, California, and Georgia [4].
References:
[1] https://www.prnewswire.com/news-releases/class-action-filed-against-petco-health-and-wellness-company-inc-woof-seeking-recovery-for-investors--contact-levi--korsinsky-302524964.html
[2] https://www.globenewswire.com/news-release/2025/08/08/3130353/3080/en/Levi-Korsinsky-Notifies-Petco-Health-and-Wellness-Company-Inc-Investors-of-a-Class-Action-Lawsuit-and-Upcoming-Deadline-WOOF.html
[3] https://www.morningstar.com/news/pr-newswire/20250805ny43843/petco-health-and-wellness-company-inc-class-action-levi-korsinsky-reminds-petco-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-august-29-2025-woof
[4] https://www.morningstar.com/news/pr-newswire/20250803ny42840/woof-investors-have-the-opportunity-to-lead-the-petco-securities-fraud-lawsuit-with-faruqi-faruqi-llp
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