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Petco Health and Wellness Faces Class Action Lawsuit for Securities Violations.
ByAinvest
Monday, Jul 21, 2025 10:14 am ET1min read
A class-action lawsuit has been filed against Petco Health and Wellness Company for alleged violations of securities laws. Investors who purchased the company's securities between January 14, 2021 and June 5, 2025 are encouraged to contact the Schall Law Firm to discuss their rights.
A class-action lawsuit has been filed against Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) alleging violations of securities laws. The lawsuit, which seeks to recover losses suffered by shareholders, was filed by the Schall Law Firm on behalf of investors who purchased the company's securities between January 14, 2021, and June 5, 2025 [2].The lawsuit contends that Petco made false and misleading statements about its business model, overstating the impact of its differentiated product strategy and underplaying the challenges it faced. According to the complaint, these statements were materially incorrect and misleading throughout the class period, leading to investor losses when the market learned the truth about Petco's situation [2].
Investors who purchased Petco's securities during the specified time frame are encouraged to contact the Schall Law Firm to discuss their rights. The firm reminds investors that the class has not yet been certified, and until certification occurs, investors are not represented by an attorney. The firm has until August 29, 2025, to file the lawsuit [2].
The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation. The firm represents investors around the world and has a proven track record of advocating for shareholder rights [2].
References:
[1] https://www.newsfilecorp.com/release/259357
[2] https://www.prnewswire.com/news-releases/woof-investors-have-opportunity-to-lead-petco-health-and-wellness-company-inc-securities-fraud-lawsuit-with-the-schall-law-firm-302509314.html
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