The Law Offices of Frank R. Cruz Continues Its Investigation on Behalf of Bed Bath & Beyond Inc. Investors (BBBY)
February 13 2020 - 6:39PM
Business Wire
The Law Offices of Frank R. Cruz continues its investigation on
behalf of Bed Bath & Beyond Inc. (“Bed Bath & Beyond” or
the “Company”) (NASDAQ: BBBY) investors concerning the Company and
its officers’ possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On February 11, 2020, Bed Bath & Beyond issued a press
release announcing preliminary fourth quarter 2019 financial
results. Therein, the Company disclosed "a 5.4% decline in
comparable sales driven primarily by store traffic declines
combined with inventory management issues."
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.
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If you purchased Bed Bath & Beyond securities, have
information or would like to learn more about these claims, or have
any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Frank R.
Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the
Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007,
by email to info@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200213005958/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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