Also on August 18, 2022, Bloomberg published an article entitled “Bed Bath & Beyond Taps Kirkland & Ellis for Help Addressing Debt Load” which revealed the Company hired a law firm for help with its debt. Then, on August 18, 2022, Ryan Cohen, through his investment firm RC Ventures LLC, announced that he would sell his entire stake in Bed Bath & Beyond. On this news, Bed Bath & Beyond stock closed 29% higher on Augcompared to its close on August 15, 2022, on extremely heavy trading volume. On August 15, 2022, Ryan Cohen, through his investment firm RC Ventures LLC, announced in an SEC filing purchases of over one million January 2023 call options with exercise prices at $60, $75, and $80-significantly higher than Bed Bath & Beyond shares were trading. On March 25, 2022, Bed Bath & Beyond added three new directors appointed by Ryan Cohen’s investment firm, RC Ventures LLC. On this news Bed Bath & Beyond stock to closed 34% higher on Macompared to its close on March 4, 2022, the previous trading day, on extremely heavy trading volume. who also serves as chairman of GameStop Corp., sent a letter to Bed Bath & Beyond’s board which announced that he owned a 9.8% stake in Bed Bath & Beyond and in which he criticized the Company’s management. WHAT IS THIS ABOUT: On March 6, 2022, through his investment firm RC Ventures LLC, Ryan Cohen, the billionaire co-founder of Chewy Inc. toll-free at 86 or email or for information on the class action. WHAT TO DO NEXT: To join the prospective class action, go to or call Phillip Kim, Esq. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. SO WHAT: If you purchased or sold Bed Bath & Beyond securities between Augand August 19, 2022, both dates inclusive, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. (NASDAQ: BBBY) resulting from allegations that Ryan Cohen, his investment firm RC Ventures LLC, and/or the Company may have issued materially misleading business information to the investing public. NEW YORK-( BUSINESS WIRE)- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bed Bath & Beyond Inc.
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