Bed Bath & Beyond: Pump and Dump Allegations Are Without Merit

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Bed Bath & Beyond: Pump and Dump Allegations Are Without Merit

Yahoo Finance2022-09-06

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...

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Raymond Lee
·2022-09-06
Hope that company can turnaround soon and slowly recover from these ordeal..
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来人
·2022-09-06
Ok
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youtiao
·2022-09-06
Ok
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Mitchconner
·2022-09-06
They denied the accusations! SHOCKING!
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the complaint but based on...</p>\n\n<a href=\"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265067061","content_text":"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.The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath & Beyond, against former Bed Bath & Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer's oft-used banker JP Morgan.\"Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,\" the lawsuit alleged.A representative for Cohen didn't return Yahoo Finance's request for comment on the allegations.Shares of Bed Bath & Beyond crashed 15% in pre-market trading on Tuesday news of Arnal's death and the fresh 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Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in","content":"<html><head></head><body><p>Bed Bath &amp; Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in a pump and dump scheme.</p><p>&#34;The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit,&#34; Bed Bath &amp; Beyond spokesperson Julie Strider told Yahoo Finance via email.</p><p>The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath &amp; Beyond, against former Bed Bath &amp; Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.</p><p>The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer&#39;s oft-used banker JP Morgan.</p><p>&#34;Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,&#34; the lawsuit alleged.</p><p>A representative for Cohen didn&#39;t return Yahoo Finance&#39;s request for comment on the allegations.</p><p>Shares of Bed Bath &amp; Beyond crashed 15% in pre-market trading on Tuesday news of Arnal&#39;s death and the fresh allegations.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bed Bath & Beyond: Pump and Dump Allegations Are Without Merit</title>\n<style 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the complaint but based on...</p>\n\n<a href=\"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265067061","content_text":"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.The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath & Beyond, against former Bed Bath & Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer's oft-used banker JP Morgan.\"Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,\" the lawsuit alleged.A representative for Cohen didn't return Yahoo Finance's request for comment on the allegations.Shares of Bed Bath & Beyond crashed 15% in pre-market trading on Tuesday news of Arnal's death and the fresh 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Merit","url":"https://stock-news.laohu8.com/highlight/detail?id=2265067061","media":"Yahoo Finance","summary":"Bed Bath & Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in","content":"<html><head></head><body><p>Bed Bath &amp; Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in a pump and dump scheme.</p><p>&#34;The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit,&#34; Bed Bath &amp; Beyond spokesperson Julie Strider told Yahoo Finance via email.</p><p>The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath &amp; Beyond, against former Bed Bath &amp; Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.</p><p>The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer&#39;s oft-used banker JP Morgan.</p><p>&#34;Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,&#34; the lawsuit alleged.</p><p>A representative for Cohen didn&#39;t return Yahoo Finance&#39;s request for comment on the allegations.</p><p>Shares of Bed Bath &amp; Beyond crashed 15% in pre-market trading on Tuesday news of Arnal&#39;s death and the fresh allegations.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bed Bath & Beyond: Pump and Dump Allegations Are Without Merit</title>\n<style 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the complaint but based on...</p>\n\n<a href=\"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://finance.yahoo.com/news/bed-bath-beyond-pump-and-dump-lawsuit-103853539.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265067061","content_text":"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.The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath & Beyond, against former Bed Bath & Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer's oft-used banker JP Morgan.\"Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,\" the lawsuit alleged.A representative for Cohen didn't return Yahoo Finance's request for comment on the allegations.Shares of Bed Bath & Beyond crashed 15% in pre-market trading on Tuesday news of Arnal's death and the fresh allegations.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9931290456,"gmtCreate":1662462226575,"gmtModify":1676537065239,"author":{"id":"3558491675511537","authorId":"3558491675511537","name":"Mitchconner","avatar":"https://static.tigerbbs.com/2cd864cefd7265d4a5765fb2950cba67","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"They denied the accusations! SHOCKING!&nbsp;","listText":"They denied the accusations! SHOCKING!&nbsp;","text":"They denied the accusations! SHOCKING!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931290456","repostId":2265067061,"repostType":2,"repost":{"id":"2265067061","pubTimestamp":1662462011,"share":"https://www.laohu8.com/m/news/2265067061?lang=&edition=full","pubTime":"2022-09-06 19:00","market":"us","language":"en","title":"Bed Bath & Beyond: Pump and Dump Allegations Are Without Merit","url":"https://stock-news.laohu8.com/highlight/detail?id=2265067061","media":"Yahoo Finance","summary":"Bed Bath & Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in","content":"<html><head></head><body><p>Bed Bath &amp; Beyond is responding to a new shareholder lawsuit alleging its former CFO was involved in a pump and dump scheme.</p><p>&#34;The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit,&#34; Bed Bath &amp; Beyond spokesperson Julie Strider told Yahoo Finance via email.</p><p>The lawsuit was filed by shareholder Pengcheng Si, who alleges losses of $106,480 on an investment in Bed Bath &amp; Beyond, against former Bed Bath &amp; Beyond CFO Gustavo Arnal and others on August 23, the week before Arnal committed suicide and the struggling retailer unveiled a turnaround plan.</p><p>The other two defendants named in the lawsuit are prominent $BBBY shareholder Ryan Cohen — who is facing scrutiny over trades he recently made — and the retailer&#39;s oft-used banker JP Morgan.</p><p>&#34;Cohen has historically employed pump and dump schemes to raise much needed capital and has ignited several meme stocks to jaw-dropping heights,&#34; the lawsuit alleged.</p><p>A representative for Cohen didn&#39;t return Yahoo Finance&#39;s request for comment on the allegations.</p><p>Shares of Bed Bath &amp; Beyond crashed 15% in pre-market trading on Tuesday news of Arnal&#39;s death and the fresh allegations.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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