Recover Investment Losses: Levi & Korsinsky Files Class Action Against Petco Health and Wellness Company, Inc. (WOOF)
Recover Investment Losses: Levi & Korsinsky Files Class Action Against Petco Health and Wellness Company, Inc. (WOOF)
Press Release Date 07-13-2025
NEW YORK, NY / ACCESS Newswire / July 13, 2025 / If you suffered a loss on your Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
https://zlk.com/pslra-1/petco-lawsuit-submission-form?prid=156505&wire=1&utm_campaign=24
or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against Petco Health and Wellness Company, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between January 14, 2021 and June 5, 2025.
CASE DETAILS: (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? If you suffered a loss in Petco stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/petco-lawsuit-submission-form?prid=156505&wire=1&utm_campaign=24 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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