Levi & Korsinsky Announces Covetrus Class Action Investigation; CVET Lawsuit

Class Action Reports

Levi & Korsinsky Announces Covetrus Class Action Investigation; CVET Lawsuit

Levi & Korsinsky, LLP

October 9, 2019

Levi & Korsinsky, LLP announces that a CVET class action lawsuit has been commenced on behalf of investors who purchased Covetrus, Inc. (CVET) securities between February 8, 2019 and August 12, 2019. For more on the Covetrus Class Action please contact us today.

According to the Covetrus lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had overstated its capabilities with regard to inventory management and supply chain services; (2) Covetrus had understated the costs of the integration of Henry Schein’s Animal Health Business and VFC, including the timing and nature of those costs; (3) Covetrus had understated its separation costs from Henry Schein; and (4) the Company understated the impact on earnings from online competition and alternative distribution channels as well as the impact of the loss of a large customer in North America just prior to the Company’s separation from Henry Schein.

TO LEARN MORE ABOUT THE CVET CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/covetrus-inc-loss-form?prid=3821&wire=1

If you suffered a loss in Covetrus you have until November 29, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com