Bath & Body Works(US:BBWI) Globenewswire·2026-01-17 15:14Core Viewpoint - A securities fraud class action lawsuit has been filed against Bath & Body Works, Inc. for alleged material misstatements and omissions during the class period from June 4, 2024, to November 19, 2025, affecting investors who purchased or acquired the company's securities [1][6]. Summary by Relevant Sections Allegations - The complaint claims that Bath & Body Works made materially false and misleading statements and failed to disclose adverse facts about its business and operations [2]. - Specific allegations include the failure of the company's strategy of pursuing "adjacencies, collaborations and promotions" to grow its customer base and net sales [2]. - It is alleged that the company relied on brand collaborations to mask weak financial results and was unlikely to meet its previously issued financial guidance [2]. Legal Process - Investors affected by the alleged fraud can seek to be appointed as lead plaintiffs by March 13, 2026, through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent the class in directing the litigation and selecting counsel, with the ability to share in any recovery not affected by the decision to serve as lead plaintiff [3]. Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection, representing both individual and institutional investors [5][7]. - The firm has a history of leading significant recoveries in securities litigation and has received numerous accolades for its work [7].