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BARNES & NOBLE (BNED) ALERT: Bragar Eagel & Squire, P.C. Continues Investigating Barnes & Noble Education, Inc. on Behalf of Barnes & Noble Stockholders and Encourages Investors to Contact the Firm
Barnes & Noble EducationBarnes & Noble Education(US:BNED) GlobeNewswire News Roomยท2025-07-31 22:37

Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Barnes & Noble Education, Inc. regarding possible violations of federal securities laws and unlawful business practices [1][3] Financial Disclosure - On July 18, 2025, Barnes & Noble announced a delay in its annual report for the fiscal year ending May 3, 2025, due to an ongoing investigation into the recording of digital sales costs [3] - Preliminary findings suggest that Barnes & Noble may have overstated accounts receivable by up to $23 million and expects to report at least one material weakness related to manual journal entries [3] Market Reaction - Following the announcement of the investigation, Barnes & Noble's stock price dropped by $2.36 per share, or 21.02%, closing at $8.87 per share on July 21, 2025 [4]