NEW YORK, NY - September 10, 2025 (NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE: BNED).
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If you are a Barnes & Noble investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
On July 18, 2025, after markets closed, Barnes & Noble disclosed in a filing with the U.S. Securities and Exchange Commission that its annual report for the fiscal year ended May 3, 2025 will be delayed and that the Audit Committee of the Board of Directors had commenced an internal investigation with the assistance of outside counsel and advisors. Further, the Company disclosed that the internal investigation was initiated after “certain information regarding the recording of cost of digital sales was brought to the attention of management in July 2025.” The Company further stated that “based on initial findings, which could change as the investigation is in its early stages, 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” and that “the Company expects to report at least one material weakness related to the appropriate review and approval of manual journal entries. . . .”
Following this news, the price of Barnes & Noble stock declined $2.36 per share, or 21%, to close at $8.87 per share on July 21, 2025.
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If you have any questions about this investigation, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
https://www.kaplanfox.com/case/barnes-noble-education-inc/
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