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Class action lawsuit filed against Zoetis over alleged securities fraud after profit guidance cut.

Market News
14 Jul 2026
Globe News Wire
View Source
Bearish
pluang ai news

Pomerantz LLP has filed a class action lawsuit against Zoetis Inc., alleging securities fraud and other unlawful practices following the company's announcement of a profit guidance cut for 2026. Zoetis reported flat net income of $601 million for Q1 2026 and lowered its full-year profit forecast, citing a challenging market with reduced veterinary visits and softer demand. As a result, Zoetis's stock price dropped 21.5% on the day of the announcement. Investors who purchased Zoetis securities during the class period have until July 27, 2026, to join the lawsuit or seek lead plaintiff status.

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