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INVESTIGATION REMINDER: The Schall Law Firm Announces It is Investigating Claims Against PetIQ, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24PETQ&src=ctag” target=”_blank”gt;$PETQlt;/agt; lt;a href=”https://twitter.com/hashtag/ClassAction?src=hash” target=”_blank”gt;#ClassActionlt;/agt;–The
Schall Law Firm
, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
PetIQ, Inc. (“PetIQ” or “the Company”) (NASDAQ: PETQ)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Spruce Point Capital Management published a report on April
30, 2019, entitled “A Flea and Tick Infested Investment,” based on its
investigation of PetIQ. The article described the Company’s “dubious
past and questionable management team.” The report alleges that the
Company’s “apparent predecessor . . . was accused of stealing hundreds
of thousands of dollars’ worth of pet medication from vets before
allegedly reincorporating as a registered subsidiary of ‘True Science
Holdings,’ later renamed PetIQ.” The report also examined the suspicious
evidence surrounding PetIQ’s acquisition of VIP Petcare, which it
describes as, “an operator of veterinary clinics and pet wellness
centers which, it was later revealed, supplied nearly 50% of PetIQ’s
distributed products.” Based on this report, PetIQ’s share price fell by
8% on the same day.

If you are a shareholder who suffered a loss, click
here to participate
.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at [email protected].

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The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.

Contacts

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The Schall Law Firm
Brian Schall, Esq.
Rina Restaino, Esq.
310-301-3335
Cell:
424-303-1964
[email protected]
www.schallfirm.com


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