Barnes & Noble Education, Inc. (BNED) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Core Viewpoint - Barnes & Noble Education, Inc. is under investigation for potential violations of federal securities laws following disclosures of financial misstatements and overstatements in accounts receivable [1][3][4] Group 1: Financial Disclosures - On July 18, 2025, Barnes & Noble revealed a potential overstatement of up to $23.0 million in accounts receivable as of May 3, 2025, due to issues related to the recording of digital sales [3] - Following this announcement, the company's stock price dropped by $2.36, or 21%, closing at $8.87 per share on July 21, 2025 [3] - On August 29, 2025, the company disclosed that its previously issued financial statements for the fiscal year ended April 27, 2024, through the quarter ended January 25, 2025, should no longer be relied upon due to internal investigation findings [4] Group 2: Causes of Financial Misstatements - The company identified two main causes for the financial misstatements: actions of a payment processing employee and certain sales that did not meet the criteria for revenue recognition [4]