The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE:BNED) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices.
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What Happened?
On July 18, 2025, Barnes & Noble disclosed that “[c]ertain information regarding the recording of cost of digital sales was brought to the attention of management” and that, as a result, “management believes that the Company may have a potential overstatement of up to $23.0 million in the aggregate to its accounts receivable balance as of its May 3, 2025 fiscal year-end.”
On this news, the price of Barnes & Noble’s shares declined by $2.36, or approximately 21%, to close at $8.87 per share on July 21, 2025.
What Should I Do?
If you purchased or otherwise acquired Barnes & Noble securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
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Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20251204501084/en/
Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com