The class action, Stephen and June Vitiello v. Bed Bath & Beyond Inc., et al., Case No.: 2:20-cv-04240, was filed in the US District Court for the District of New Jersey on behalf of shareholders seeking damages for alleged violations of federal securities laws. It is alleged that during the Class Period, the Company materially misled the investing public, thereby inflating the price of the Company's securities. On February 11, 2020, the Company issued a press release announcing preliminary fourth-quarter 2019 financial results, disclosing a "5.4% decline in comparable sales driven primarily by store traffic declines combined with inventory management issues," including that "inventory within certain key categories in the Bed Bath & Beyond assortment was too low or out-of-stock during the period."

If you purchased shares of Bed Bath & Beyond Inc. during the Class Period and would like to discuss the case and appointment of lead plaintiff, you may, without obligation or cost, contact attorney Anthony Barbuto, at (888) 715-2520 or via email at anthony@barjolaw.com; and/or attorney Neil Rothstein via email at neil@barjolaw.com. Shareholders can also visit the Firm's website at: https://barjolaw.com/bbby/ to fill out the Class Action Inquiry Form. BARJO believes strongly that the choice of a qualified Lead Plaintiff can have a significant impact on the successful outcome of a case.

Barbuto & Johansson, P.A.
Anthony Barbuto, Esq.
1-888-715-2520
12773 Forest Hill Blvd., 101
Wellington, FL 33414
www.barjolaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57650