SOURCE: Kahn Swick & Foti, LLC

Kahn Swick & Foti

September 01, 2017 22:50 ET

PETMED SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against PetMed Express, Inc. - (PETS)

NEW ORLEANS, LA--(Marketwired - September 01, 2017) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 24, 2017 to file lead plaintiff applications in a securities class action lawsuit against PetMed Express, Inc. (NASDAQ: PETS), if they purchased the Company's securities between May 8, 2017, and August 23, 2017, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Florida.

What You May Do

If you purchased securities of PetMed Express and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit http://ksfcounsel.com/cases/nasdaq-pets/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 24, 2017.

About the Lawsuit

PetMed Express and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On August 23, 2017, it was revealed through a comprehensive report issued by Aurelius Value entitled "PetMed: Exploiting America's Opioid Epidemic" that PetMed Express had targeted its products, painkillers especially addictive synthetic opiates, to opioid users through the aggressive use of Google ads and other online marketing services, potentially facilitating the abuse of opiates as "human crossover painkillers."

On this news, the price of PetMed Express shares plummeted.

About Kahn Swick & Foti, LLC

KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact Information

  • Contact:

    Kahn Swick & Foti, LLC
    Lewis Kahn
    Managing Partner
    lewis.kahn@ksfcounsel.com
    1-877-515-1850
    206 Covington St.
    Madisonville, LA 70447