StockNews.AI
WOOF
StockNews.AI
36 days

NASDAQ: WOOF INVESTOR ALERT: Berger Montague Advises Petco Health and Wellness Company (NASDAQ: WOOF) Investors of an August 29, 2025 Deadline

1. Petco faces a class action lawsuit for alleged securities law violations. 2. The lawsuit claims misleading statements about pandemic impacts and growth sustainability. 3. Petco's stock dropped over 20% on August 24, 2023, after revised guidance. 4. The potential class period for the lawsuit extends until June 5, 2025. 5. Investors can seek lead plaintiff status by August 29, 2025.

5m saved
Insight
Article

FAQ

Why Bearish?

The lawsuit and significant stock price drop can diminish investor confidence. Historical examples show that company litigations often lead to prolonged bearish trends.

How important is it?

The lawsuit directly challenges Petco's credibility and operational viability, affecting WOOF's investment appeal.

Why Long Term?

Litigation effects may linger, impacting future earnings and stock performance. Similar cases often result in sustained volatility and market skepticism.

Related Companies

Berger Montague Investigates Petco Health and Wellness Company

PHILADELPHIA, July 14, 2025 /PRNewswire/ -- Berger Montague, a nationally recognized securities litigation law firm, is investigating potential securities law violations involving Petco Health and Wellness Company, Inc. ("Petco" or the "Company") (NASDAQ: WOOF). A class action lawsuit was recently filed on behalf of investors who acquired Petco securities between January 14, 2021 and June 5, 2025 (the "Class Period").

Investor Deadline

Investors who purchased or acquired Petco securities during the Class Period may, no later than August 29, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Petco, headquartered in San Diego, CA, is a health and wellness company focused on enhancing the lives of pets and pet parents.

The complaint alleges that Defendants made materially false and misleading statements regarding Petco's pandemic-related tailwinds and the sustainability of its premium pet food business model. It further alleges that the Company overstated its ability to deliver profitable growth while downplaying operational challenges. These alleged misrepresentations led to significant declines in Petco's stock price, including a drop of more than 20% on August 24, 2023, following a downward revision of financial guidance, and further declines after subsequent disclosures and leadership changes.

If you are a Petco investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at andrew.abramowitz@example.com or (215) 875-3015, or Caitlin Adorni at caitlin.adorni@example.com or (267) 764-4865.

About Berger Montague

Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, and Toronto, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

For more information or to discuss your rights, please contact:

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
andrew.abramowitz@example.com

Caitlin Adorni
Berger Montague
(267) 764-4865
caitlin.adorni@example.com

SOURCE Berger Montague

Related News