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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Barnes & Noble Education, Inc. (NYSE: BNED) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

1. Barnes & Noble is under investigation for misleading business information. 2. The company delayed its annual report due to an internal investigation. 3. Initial findings suggest overstated receivables of up to $23 million. 4. The stock price dropped 21.02% following the internal investigation announcement. 5. The firm Edelson Lechtzin LLP is leading the investigation.

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FAQ

Why Very Bearish?

The significant drop in stock price (21.02%) reflects severe market confidence loss due to allegations and internal investigation risks, reminiscent of past cases involving accounting fraud resulting in permanent stock depreciation.

How important is it?

The investigation directly affects BNED's credibility and investor perception, likely leading to ongoing stock volatility as results unfold.

Why Short Term?

Short-term negative impacts may persist as uncertainty looms, but recovery potential exists post-resolution, similar to companies that rebound after clarifying legal issues.

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EDUWSCIRDI
, /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Barnes & Noble Education, Inc. ("Barnes & Noble") (NYSE: BNED), resulting from allegations of providing potentially misleading business information to the investing public. If you have non-public information that could assist in the Barnes & Noble investigation, or if you are a Barnes & Noble investor who suffered a loss and would like to learn more, you can provide your contact information HERE. You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 or via e-mail at [email protected]. THE COMPANY: Barnes & Noble operates and manages campus bookstores, e-commerce sites, and digital courseware platforms for colleges, universities, and K–12 institutions across the United States. THE ALLEGED WRONGDOING: On July 18, 2025, Barnes & Noble announced that it would delay filing its annual report for the fiscal year ended May 3, 2025, because of an ongoing internal investigation into its digital sales recording methods. The investigation's initial findings indicate that Barnes & Noble may have overstated its accounts receivable by up to $23 million, and it expects to disclose material weaknesses in its internal controls. On this news, Barnes & Noble's stock price fell $2.36 per share, or 21.02%, to close at $8.87 per share on July 21, 2025. ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft, data security, and consumer fraud. For more information, please contact: Marc H. Edelson, Esq.Eric Lechtzin, Esq.EDELSON LECHTZIN LLP411 S. State Street, Suite N-300Newtown, PA 18940Phone: 844-696-7492 or 215-867-2399 ext. 1Email: [email protected] Email: [email protected] Web: www.edelson-law.com  This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. SOURCE Edelson Lechtzin LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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