StockNews.AI
WOOF
StockNews.AI
15 days

WOOF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Petco Health and Wellness Company, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

1. A class action lawsuit has been filed against Petco (WOOF). 2. Allegations include misleading statements about Petco's business sustainability. 3. The lawsuit covers all investors who purchased Petco securities from 2021 to 2025. 4. Defendants allegedly overstated Petco's ability to deliver profitable growth. 5. Investors suffering losses are encouraged to join the class action.

6 mins saved
Full Article

FAQ

Why Bearish?

The allegations could lead to significant legal and financial repercussions for WOOF. Historical cases show stock prices often decline amid ongoing litigation.

How important is it?

Given the nature of the allegations, potential financial liabilities can significantly impact WOOF's share price. Investors are likely to react quickly to updates on the litigation.

Why Short Term?

Immediate market reactions typically occur due to news of class actions. However, long-term effects depend on case outcomes.

Related Companies

NEW YORK, July 4, 2025 /PRNewswire/ --

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Petco Health and Wellness Company, Inc. ("Petco" or "the Company") (NASDAQ: WOOF) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Petco securities between January 14, 2021 and June 5, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/WOOF.

Case Details

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Petco's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Petco's pandemic-related tailwinds were unsustainable, as was its business model of selling primarily premium and/or high-grade pet food; (ii) accordingly, the strength of Petco's differentiated product strategy was overstated; (iii) Defendants downplayed the true scope and severity of the foregoing issues, the magnitude of changes needed to rectify those issues, and the likely negative impacts of their mitigation strategy on Petco's comparable sales metric; (iv) accordingly, Defendants overstated Petco's ability to deliver sustainable, profitable growth; and (v) as a result, Defendants' public statements were materially false and misleading at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/WOOF. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Petco you have until August 29, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Nathan Miller

332-239-2660 | info@example.com

SOURCE Bronstein, Gewirtz & Grossman, LLC

Related News