Barnes & Noble Education, Inc. Class Action Lawsuit - BNED

The filed complaint alleges that Barnes & Noble Education, Inc. made materially false and/or misleading statements and/or failed to disclose that: Barnes & Noble disclosed in a filing on July 18, 2025, with the U.S. Securities and Exchange Commission that its annual report for the fiscal year ended May 3, 2025 will be delayed due to an ongoing investigation regarding how the costs of digital sales were recorded. The investigation's early findings indicate that Barnes & Noble may have overstate accounts receivable by up to $23 million, and that the Company expects to report at least one material weakness tied to manual journal entries. Following this news, Barnes & Noble's stock price fell over 21% on July 21, 2025.

In order to be eligible to join the BNED class action lawsuit, you must have incurred a loss on shares of Barnes & Noble Education, Inc. purchased during the class period listed above.