INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Barnes & Noble Education, Inc. (NYSE: BNED) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Barnes & Noble Education, Inc. (NYSE: BNED) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm |
| [23-July-2025] |
NEWTOWN, Pa., July 23, 2025 /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Barnes & Noble Education, Inc. ("Barnes & Noble") (NYSE: BNED), resulting from allegations of providing potentially misleading business information to the investing public.
If you have non-public information that could assist in the Barnes & Noble investigation, or if you are a Barnes & Noble investor who suffered a loss and would like to learn more, you can provide your contact information HERE. You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at elechtzin@edelson-law.com. THE COMPANY: Barnes & Noble operates and manages campus bookstores, e-commerce sites, and digital courseware platforms for colleges, universities, and K–12 institutions across the United States. THE ALLEGED WRONGDOING: On July 18, 2025, Barnes & Noble announced that it would delay filing its annual report for the fiscal year ended May 3, 2025, because of an ongoing internal investigation into its digital sales recording methods. The investigation's initial findings indicate that Barnes & Noble may have overstated its accounts receivable by up to $23 million, and it expects to disclose material weaknesses in its internal controls. On this news, Barnes & Noble's stock price fell $2.36 per share, or 21.02%, to close at $8.87 per share on July 21, 2025. ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer fraud. For more information, please contact: Marc H. Edelson, Esq. This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
SOURCE Edelson Lechtzin LLP | ||
Company Codes: NYSE:BNED |
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