Rosen, a globally recognized firm, reminds bed bath & beyond inc. investors of important deadline in securities class action; encourages investors with losses in excess of $100k to contact the firm – bbby

New york--(business wire)--rosen law firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of bed bath & beyond inc. (nasdaq: bbby) between october 2, 2019 and february 11, 2020, inclusive (the “class period”). the lawsuit seeks to recover damages for bed bath & beyond investors under the federal securities laws. to join the bed bath & beyond class action, go to http://www.rosenlegal.com/cases-register-1842.html or call phillip kim, esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. no class has yet been certified in the above action. until a class is certified, you are not represented by counsel unless you retain one. you may retain counsel of your choice. you may also remain an absent class member and do nothing at this point. an investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. according to the lawsuit, defendants throughout the class period made false and/or misleading statements and/or failed to disclose: (1) due to “aggressive disposition of inventory,” the company lacked sufficient inventory in key categories to support holiday sales; (2) the company’s internal control over inventory levels and financial reporting was not effective; (3) as a result of the foregoing, the company was likely to experience reduced sales; and (4) as a result of the foregoing, defendants’ positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. when the true details entered the market, the lawsuit claims that investors suffered damages. a class action lawsuit has already been filed. if you wish to serve as lead plaintiff, you must move the court no later than june 15, 2020. a lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. if you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1842.html or to discuss your rights or interests regarding this class action, please contact phillip kim, esq. of rosen law firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com. follow us for updates on linkedin: https://www.linkedin.com/company/the-rosen-law-firm, on twitter: https://twitter.com/rosen_firm or on facebook: https://www.facebook.com/rosenlawfirm/. rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. rosen law firm was ranked no. 1 by iss securities class action services for number of securities class action settlements in 2017. the firm has been ranked in the top 3 each year since 2013. rosen law firm has secured hundreds of millions of dollars for investors. attorney advertising. prior results do not guarantee a similar outcome.
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