
In my recent write-up about the number of securities class action lawsuit filings in the first half of 2025, I noted that there had been a significant drop off in the number of COVID-19-related securities suit filings in the first six months of 2025 compared to last year. The interesting thing is that though there has been an unmistakable drop off in the number of COVID-related securities suit filings, the fact is that now – even after more than five years since the initial COVID outbreak in the U.S. — new COVID-related securities suits are still being filed. In the latest example, late last month a shareholder filed a securities suit against Petco Health and Wellness, alleging the pet supply company had misleadingly contended that the company’s pandemic-related tailwinds could be sustained post-pandemic. A copy of the new Petco complaint can be found here.Continue Reading Pet Supply Company Hit with COVID-Related Securities Suit