Bath & Body Works(US:BBWI) Globenewswire·2026-01-30 20:34Core 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 [2][8]. 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 [3]. - 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 [3]. - 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 [3]. Group 2: Legal Process and Investor Information - Investors affected by the alleged fraud can seek to be appointed as lead plaintiffs by March 16, 2026, through Kessler Topaz Meltzer & Check, LLP [5]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [5]. - Kessler Topaz Meltzer & Check, LLP encourages affected investors to contact them for more information regarding potential recovery of investment losses [6].