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COVETRUS SHAREHOLDER ALERT By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Covetrus, Inc. - CVET

NEW ORLEANS--(BUSINESS WIRE)--

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 29, 2019 to file lead plaintiff applications in a securities class action lawsuit against Covetrus, Inc. (CVET), if they purchased the Company’s shares between February 8, 2019 and August 12, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York.

What You May Do

If you purchased shares of Covetrus and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-cvet/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 29, 2019.

About the Lawsuit

Covetrus and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On August 13, 2019, pre-market, the Company disclosed a myriad of news that shocked investors including a 2Q2019 net loss of $0.09 per share compared to market estimates of $0.17 per share; approximately $50M cut to its 2019 EBITDA guidance; tens of millions of dollars in increased infrastructure spending and redundant costs; as well as integration problems and increased spending relating to its spin-off agreement with Henry Schein.

On this news, the price of Covetrus’ shares plummeted.

The case is City Of Hollywood Police Officers Retirement System V. Henry Schein, Inc. et. al, 19-cv-5530.

About Kahn Swick & Foti, LLC

KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

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