Bath & Body Works(US:BBWI) Prnewswire·2026-01-29 19:30Core Viewpoint - A securities fraud class action lawsuit has been filed against Bath & Body Works, Inc. for alleged material misstatements and omissions affecting investors who purchased securities between June 4, 2024, and November 19, 2025 [1][5]. Group 1: Allegations and Company Performance - The lawsuit claims that Bath & Body Works made materially false and misleading statements regarding its business strategy and financial performance during the Class Period [2]. - It is alleged that the company's strategy of pursuing "adjacencies, collaborations and promotions" did not effectively grow the customer base or deliver the expected growth in net sales [2]. - The complaint indicates that as the company's strategy faltered, it relied on brand collaborations to mask weak financial results, leading to a failure to meet previously issued financial guidance [2]. Group 2: Legal Process and Investor Actions - Investors affected by the alleged fraud can seek to be appointed as lead plaintiffs by March 16, 2026, through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel, with the ability to recover losses not affected by the decision to serve as lead plaintiff [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent law firm specializing in securities fraud class actions and represents both individual and institutional investors [5][6]. - The firm has a history of significant recoveries in securities litigation and has received multiple accolades for its work in this area [6].