A lawsuit was filed on behalf of investors in Petmed Express Inc(NASDAQ:PETS) shares over alleged securities laws violations.

San Diego, CA -- (SBWire) -- 09/13/2017 --An investor in NASDAQ:PETS shares filed a lawsuit over alleged violations of Federal Securities Laws by Petmed Express Inc in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Petmed Express Inc(NASDAQ:PETS) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Petmed Express Inc(NASDAQ:PETS) common shares between May 8, 2017, and August 23, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 8, 2017, and August 23, 2017, the Defendants failed to disclose that the Company was marketing dangerous and addictive animal drugs to humans, that, as such, the Company is vulnerable to potential civil or criminal liability, as well as other regulatory action, that, as a result of the foregoing, Google may halt the Company's advertising activities,and that, as a result of the foregoing, Defendants' statements about PetMed's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of Petmed Express Inc(NASDAQ:PETS) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com