Bath & Body Works(US:BBWI) Prnewswire·2026-02-12 20:00Core Viewpoint - Bath & Body Works, Inc. is facing a class action lawsuit for alleged securities law violations, with claims that the company made materially false and misleading statements regarding its business strategy and financial performance [1]. Allegations - The lawsuit alleges 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 [1]. - It is claimed that as the aforementioned strategy faltered, the company relied on brand collaborations to mask weak underlying financial results [1]. - The complaint states 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]. Class Action Details - The class period for the lawsuit is defined as June 4, 2024, to November 9, 2025 [1]. - Shareholders are encouraged to register for the class action by the deadline of March 13, 2026, to potentially be appointed as lead plaintiffs [1]. - Participation in the case does not require a cost or obligation from the shareholders [1].