BBBY LOSSES ALERT: Bernstein Liebhard is Investigating Bed Bath and Beyond Inc. and Encourages Investors to Contact the Firm
13 February 2020 - 7:14AM
Business Wire
Bernstein Liebhard, a nationally acclaimed investor rights law
firm, is investigating potential securities fraud claims on behalf
of shareholders of Bed Bath and Beyond, Inc. ("Bed Bath and Beyond"
or the "Company") (NASDAQ: BBBY) resulting from allegations that
Bed Bath and Beyond might have issued misleading information to the
investing public.
If you purchased Bed Bath and Beyond securities, and/or would
like to discuss your legal rights and options please visit Bed
Bath and Beyond Shareholder Investigation or contact Matthew E.
Guarnero toll free at (877) 779-1414 or
MGuarnero@bernlieb.com.
On February 11, 2020, Bed Bath and Beyond made a statement in a
press release that announced its preliminary fourth quarter 2019
financial results. In that press release the Company disclosed that
they had been suffering from inventory management issues and store
traffic declines which would cause the Company to report a 5.4%
decline in comparable sales as a result.
On this news, the Company’s share price fell as much as $3.51
per share, or nearly 24%, during intraday trading on February 12,
2020, on unusually heavy trading volume.
If you purchased Bed Bath and Beyond securities, and/or would
like to discuss your legal rights and options please visit
https://www.bernlieb.com/cases/bedbathandbeyondinc-bbby-shareholder-class-action-lawsuit-stock-fraud-250/
or contact Matthew E. Guarnero toll free at (877) 779-1414
or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5
billion for its clients. In addition to representing individual
investors, the Firm has been retained by some of the largest public
and private pension funds in the country to monitor their assets
and pursue litigation on their behalf. As a result of its success
litigating hundreds of lawsuits and class actions, the Firm has
been named to The National Law Journal’s “Plaintiffs’ Hot List”
thirteen times and listed in The Legal 500 for ten consecutive
years.
ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
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version on businesswire.com: https://www.businesswire.com/news/home/20200212005817/en/
Matthew E. Guarnero Bernstein Liebhard LLP
https://www.bernlieb.com (877) 779-1414 MGuarnero@bernlieb.com
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