Si and her spouse acquired a total of 8,020 shares of Bed Bath & Beyond common stock at artificially inflated prices and have suffered "realized and market losses" of approximately $106,480, according to the lawsuit. "Upon information and belief, there has been heavy communications and interactions concerning creating a buying frenzy of BBBY stock to raise much needed capital between Gustavo, Cohen, and JPM." "From March 2022 through August 2022, Cohen, in conspiracy with Gustavo, JPM, and others, engaged in a fraudulent scheme to artificially inflate the price of BBBY publicly traded stock," the lawsuit alleges. (JPM), cited as a financial adviser to Bed Bath & Beyond, is also listed as a defendant in the suit from lead plaintiff Pengcheng Si. See Now: Bed Bath & Beyond falls 14% premarket after CFO's death ruled a suicide 23 alleges that Arnal and Cohen engaged in a pump and dump scheme involving Bed Bath & Beyond's stock. (GME) Chairman Ryan Cohen disclosed he is selling a large stake in the company.Ī lawsuit filed in the United States District Court for the District of Columbia on Aug. Bed Bath & Beyond Inc.'s stock (BBBY)skyrocketed earlier this year but was hit hard last month after activist investor and GameStop Corp. The CFO's death marks the latest chapter in a turbulent period for the troubled home goods retailer and meme stock phenomenon. New York City's medical examiner has ruled the 52-year-old's death a suicide, according to the New York Post. On Friday Arnal fell to his death from the 18th floor of 56 Leonard Street, an iconic new skyscraper known as the "Jenga building" on account of its unique design. Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a "pump and dump" allegation less than two weeks earlier. Keep checking back because the team will keep adding new information about the sales and deals throughout the season.Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a 'pump and dump' allegation less than two weeks earlier We are always huge fans of free shipping, because you get the convenience of shopping from home and you don't have to pay to have your items delivered directly to your doorstep. ![]() Bed Bath & Beyond free shippingīed Bath & Beyond online shoppers get free shipping on all orders of $39+. ![]() You can apply both together, only if the competitor would accept the coupon at the price being matched. ![]() If you have a coupon, Bed Bath & Beyond will apply the price match OR allow you to use the coupon, whichever saves you more. Talk about an incentive to shop! Bed Bath & Beyond price matchingīed Bath & Beyond will price-match items at the point of purchase, or within 14 days after purchase, for direct competitors (Amazon or retailers who sell products in both retail stores and online under the same name). However, on the Biggest Shopping Day of the Year in previous years, you could take 25% off your entire purchase. Bed Bath & Beyond is famous for its 20% off coupons. The Bed Bath & Beyond Black Friday ad tends to have only a few pages but great savings.
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