NEW ORLEANS, Sept. 22, 2017 /PRNewswire/ -- ClaimsFiler,
a FREE shareholder information service, reminds 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.
Get Help
PetMed Express investors should visit us at
https://www.claimsfiler.com/cases/view-petmed-express-inc-securities-litigation-1
or call to speak to our claim center toll-free at (844) 367-9658.
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 ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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