Shamis & Gentile, P.A. is investigating claims on behalf of investors of Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE: BNED). Impacted investors are advised to contact the firm now.
The investigation concerns whether Barnes & Noble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. The investigation focuses on disclosures made by Barnes & Noble between Nov. 2, 2020, and July 18, 2025, regarding its financial statements and internal controls.
On July 18, 2025, after market close, the Company filed an 8-K announcing it could not timely file its fiscal year 2025 10-K and revealing an internal investigation into the recording of cost of digital sales. The same filing disclosed a potential $23.0 million overstatement of accounts receivable due to misstated cost of sales for fiscal years 2024 and 2025, attributed to a payment-processing employee. Barnes & Noble also warned of a likely material weakness in internal controls and indicated that previously filed financial statements may have been overstated.
On this news, Barnes & Noble’s stock price fell $2.44 per share, or approximately 21%, to close at $9.24 per share on July 21, 2025.
Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise, and resources enable the firm to resolve disputes in a wide range of matters including class actions, mass torts and mass arbitrations.
