Bed Bath & Beyond Class Action Lawsuit BBBY | Deadline October 24, 2022
Good news! BBBY class action lawsuit (Bed Bath & Beyond Class Action Lawsuit) has been filed on behalf of investors who purchased Bed Bath & Beyond Inc. (BBBY) securities between October 2, 2019, and February 11, 2020.
According to the BBBY lawsuit, the defendants made the following claims during the Class Period and/or omitted to disclose them:
(1) The Company lacked sufficient inventory in crucial areas to support Christmas sales as a result of “aggressive disposition of inventory;”
(2) Internal controls at the company over financial reporting and inventory levels were ineffective;
(3) Due to the aforementioned, the Company was probably going to see a decline in sales; and
(4) Due to the aforementioned, Defendants’ optimistic claims regarding the Company’s operations, business, and prospects were either unfounded or materially deceptive.
You have until October 24, 2022, if you suffered a loss in the BBBY Lawsuit, to ask the court to identify you as the lead plaintiff. You are not required to act as the lead plaintiff in order to participate in any recovery.
Bed Bath & Beyond Class Action Lawsuit (BBBY Lawsuit)
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