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BNED INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigating Barnes & Noble Education, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm
Barnes & Noble EducationBarnes & Noble Education(US:BNED) GlobeNewswire News Room·2025-09-04 12:26

Core Viewpoint - 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]. Group 1: Investigation Details - The investigation is prompted by a delay in Barnes & Noble's annual report for the fiscal year ended May 3, 2025, due to an ongoing investigation into the recording of digital sales costs [3]. - Early 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]. Group 2: Market Reaction - Following the news of the investigation, Barnes & Noble's stock price fell by $2.36 per share, representing a decline of 21.02%, closing at $8.87 per share on July 21, 2025 [4]. Group 3: Legal Support - Investors who have suffered losses and wish to discuss their legal rights are encouraged to contact Bragar Eagel & Squire, P.C. for assistance [1][5].