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Stock impact report

Michigan AG launches investigation into alleged pet adoption scheme [CBS News]

PetIQ, Inc. - Class A (PETQ) 
Last petiq, inc. - class a earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.petiq.com
Company Research Source: CBS News
Officials say in May 2024, a person using the alias "Abby Stratiskii" posted on RescueMe.org that they needed to rehome their dog "Toby" after receiving an eviction notice. Two people from Michigan who saw the listing paid Stratiskii a $250 adoption fee and received the dog's veterinary and vaccination records, according to a news release. However, the records are believed to be fake. The Michigan Attorney General's office identified two other postings linked to Stratiskii. Nessel said the department issued civil investigative subpoenas to Facebook, the operators of RescueMe.org and PETIQ, the company that issued a rabies tag. "Animal lovers want to provide homes for pets in need," Nessel said in a statement. "Unfortunately, bad actors sometimes take advantage of this generosity. When looking to adopt online, consumers need to be vigilant against those looking to deceive them. My office is dedicated to protecting consumers by investigating and uncovering these scammers and usin Show less Read more
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