Bath & Body Works(US:BBWI) Prnewswire·2026-01-29 14:00Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Bath & Body Works, Inc. regarding a class action lawsuit alleging misleading statements and failure to disclose critical information during a specified class period [1]. Group 1: Allegations - The complaint alleges that Bath & Body Works' strategy of pursuing "adjacencies, collaborations and promotions" did not effectively grow the customer base or deliver the expected growth in net sales [1]. - It is claimed that as the aforementioned strategy faltered, the company relied on brand collaborations to mask weak underlying financial results [1]. - The lawsuit suggests that the company was unlikely to meet its previously issued financial guidance due to these issues, rendering positive statements about its business and prospects materially misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as June 4, 2024, to November 9, 2025, and shareholders are encouraged to register for participation [1][2]. - The deadline for shareholders to seek lead plaintiff status is March 13, 2026, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [3].