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][2][3] 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, leading to a 21% drop in stock price [2] - On August 29, 2025, the company announced that its 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 issues related to revenue recognition and actions of a payment processing employee [3] Legal and Investor Actions - Glancy Prongay & Murray LLP is representing investors who may have lost money on Barnes & Noble's stock and is encouraging them to inquire about potential claims [2] - The law firm is also seeking whistleblowers with non-public information to aid in the investigation, offering rewards under the SEC Whistleblower Program [5]
Securities Fraud Investigation Into Barnes & Noble Education, Inc. (BNED) Continues – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
