NEW YORK, Feb. 13, 2020 /PRNewswire/ -- 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.
Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com
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SOURCE Bernstein Liebhard LLP