Bed Bath & Beyond Inc. (BBBY)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Bed Bath & Beyond Inc. (BBBY)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bed Bath & Beyond Inc. ("Bed Bath & Beyond" or "the Company") (NASDAQ:BBBY). The investigation concerns whether Bed Bath & Beyond and certain of its officers and/or directors have violated federal securities laws.
On February 11, 2020 Bed Bath & Beyond announced its fourth quarter 2019 financial results and disclosed "a 5.4% decline in comparable sales driven primarily by store traffic declines combined with inventory management issues." Following this news, Bed Bath & Beyond stock traded dropped close to 24% during intraday trading on that same day.
If you are aware of any facts relating to this investigation, or purchased Bed Bath & Beyond shares, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.