SAN DIEGO, Oct. 04, 2022 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending against certain investors in Bed Bath & Beyond Inc. (NASDAQ: BBBY) stock.

Investors who purchased Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock prior to March 2022 and continue to own NASDAQ:BBBY stock also have certain options and should contact the Shareholders Foundation at [email protected] or + 1 call (858) 779-1554.

On August 24, 2022, a lawsuit was filed against Bed Bath & Beyond Inc. alleging violations of securities laws. Plaintiff alleges that BBBY’s stock price was artificially inflated between March 25, 2022 and August 18, 2022 as a result of materially misrepresenting Bed Bath & Beyond Inc.’s (NASDAQ: BBBY) financial condition and ownership position that Defendants knowing that the information they disclosed was false, took advantage of the inflated stock price, and used fraudulent and deceptive SEC filings to sell all of their Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock and options at artificially inflated prices unsuspecting and innocent public investors and then kept control of the profits.

Those who have purchased Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement filing service that conducts research on shareholder matters and keeps investors informed of securities class actions, settlements, judgments and other stock/financial market legal news. The Shareholders Foundation, Inc. is not a law firm. All named cases, investigations and/or settlements were not filed/initiated/achieved and/or are not related to the Shareholders Foundation. The information is provided as a public service only. It is not intended to be legal advice and should not be relied upon.