NEW YORK, NY / ACCESSWIRE / February 13, 2020 / 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). Investors who purchased Bed Bath & Beyond securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/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 assist this investigation by visiting the firm's site: www.bgandg.com/bbby. You can also contact 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.
CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC