NEW YORK, Sept. 7, 2022 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Bed Bath & Beyond Inc. (“Bed Bath & Beyond” or the “Company”) BBBY.

If you have purchased or otherwise acquired bed bath beyond common shares in between March 25, 2022 and August 18, 2022inclusive (the “Class Period”) and would like to discuss our investigation, please contact us via email [email protected] or by calling (646) 315-9003.

If you are a member of the proposed class, you can move the court by October 24, 2022 at the latest to serve as lead plaintiff for the alleged class. You do not have to seek lead plaintiff to participate in a possible recovery.

On Sunday, March 6, 2022, Ryan Cohen (“Cohen”) sent a letter to the Board of Directors of Bed Bath & Beyond disclosing that his investment firm, RC Ventures LLC, acquired a 9.8% interest in Bed Bath & Beyond owns. In Cohen’s letter, Cohen also criticized management for “disappointing shareholder returns and continued underperformance, and put forward proposals to improve shareholder returns. Following this news, on Monday, March 7th, 2022, shares of Bed Bath & Beyond rose 34% as trading volume was strong to close at $21.71 per share.

On August 16, 2022, RC Ventures LLC filed a Schedule 13D with the SEC stating:[a]As of the date of this document, RC Ventures directly beneficially owned 9,450,100 shares, including 1,670,100 shares underlying certain call options, representing approximately 11.8% of the outstanding shares.” According to the complaint, the filing also found that Cohen held through RC Ventures on April call options that would only be paid if the stock reached $60 per share before January 23, 2023. Following the news, Bed Bath & Beyond shares closed on January 16 August 20, 2022 Up 29% from previous close high trading volume to close at $20.65 per share.

Then, on August 18, 2022, Cohen through his investment firm RC Ventures
LLC, filed a Form 4…