NEW YORK, June 7, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Zoetis Inc. (“Zoetis” or the “Company”) (NYSE: ZTS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Zoetis and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On April 12, 2024, The Wall Street Journal published an article entitled “What Killed Their Pets? Owners Blame Meds, but Vets Aren’t Sure.” The article reported that “[h]ealth regulators in the U.S. and Europe . . . are conducting reviews” of the Zoetis-produced drugs Librela and Solensia, respectively used to treat arthritis in dogs and cats, after “receiv[ing] thousands of reports of side effects” from pet owners.
On this news, Zoetis’s stock price fell $12.75 per share, or 7.83%, to close at $149.98 per share on April 12, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
SOURCE Pomerantz LLP
