NEW YORK, NY / ACCESS Newswire / July 28, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Barnes & Noble Education, Inc. ("Barnes & Noble Education, Inc.") (NYSE:BNED) concerning possible violations of federal securities laws.
Barnes & Noble disclosed in a filing on July 18, 2025, with the U.S. Securities and Exchange Commission that its annual report for the fiscal year ended May 3, 2025 will be delayed due to an ongoing investigation regarding how the costs of digital sales were recorded. The investigation’s early findings indicate that Barnes & Noble may have overstate accounts receivable by up to $23 million, and that the Company expects to report at least one material weakness tied to manual journal entries.
Following this news, Barnes & Noble’s stock price fell over 21% on July 21, 2025. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on ACCESS Newswire
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