Description: Bed Bath & Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in a pump and dump scheme.”The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit,” Bed Bath & Beyond spokesperson Julie Strider told Yahoo Finance via email.

Source: YahooFinance.com – video report

Date: Sep 06, 2022

Link: https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html

Questions for discussion:

• Summarize the critical items investors should be concerned with as they relate to management and legal challenges now facing the firm?
• What should investors do at this time, in your opinion?