Ein Arzt berät einen Patienten (Symbolbild).
Sonntag, 14.06.2020 22:50 von | Aufrufe: 216

BED BATH & BEYOND 24 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors with Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Bed Bath & Beyond Inc. - BBBY

Ein Arzt berät einen Patienten (Symbolbild). © TommL / Vetta / Getty Images https://www.gettyimages.de/

PR Newswire

NEW ORLEANS, June 14, 2020 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until June 15, 2020 to file lead plaintiff applications in a securities class action lawsuit against Bed Bath & Beyond Inc. (NasdaqGS: BBBY), if they purchased the Company's securities between October 2, 2019 and February 11, 2020, inclusive (the "Class Period").  This action is pending in the United States District Court for the District of New Jersey.

What You May Do

If you purchased securities of Bed Bath & Beyond 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-bbby/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by June 15, 2020.

About the Lawsuit

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

On February 11, 2020, the Company announced its preliminary 4Q2019 financial results, disclosing "a 5.4% decline in comparable sales driven primarily by store traffic declines combined with inventory management issues," including that "inventory within certain key categories in the Bed Bath & Beyond assortment was too low or out-of-stock during the period."


ARIVA.DE Börsen-Geflüster

Kurse

On this news, the price of Bed Bath & Beyond's shares plummeted over 20%.

The case is Vitiello v. Bed Bath & Beyond, Inc., et al., 20-cv-04240.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

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

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bed-bath--beyond-24-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick--foti-llc-remind-investors-with-losses-in-excess-of-100-000-of-deadline-in-class-action-lawsuit-against-bed-bath--beyond-inc---bbby-301075376.html

SOURCE Kahn Swick & Foti, LLC

Werbung

Mehr Nachrichten zur Bed Bath & Beyond Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News