NEW YORK, NY / ACCESSWIRE / June 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Petco Health and Wellness Company, Inc. ("Petco") (NASDAQ:WOOF) concerning possible violations of federal securities laws.
Petco issued a press release on May 28, 2024, announcing significant changes to its management team, citing "the Company's ongoing efforts to simplify decision making, focus on fewer and clearer priorities, and empower the organization to move with greater speed and agility." Among other changes, Petco announced the departure of Chief Operating Officer ("COO") Justin Tichy and the elimination of the COO role, along with the appointment of James Roth as Chief Stores Officer and the appointment of Shari White as Interim Chief Merchant, both reporting directly to Chief Executive Officer Mike Mohan. Following this news, Petco's stock price dropped over 5% on May 29, 2024. To obtain additional information, go to:
https://zlk.com/pslra-1/petco-lawsuit-submission-form?prid=88352&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
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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