|[January 10, 2014]
The Shuman Law Firm Investigates Barnes & Noble, Inc.
BOULDER, Colo. --(Business Wire)--
Shuman Law Firm announces that it is investigating potential claims
against certain officers and directors of Barnes & Noble, Inc. ("Barnes
& Noble" or the "Company") (NYSE: BKS).
Barnes &am; Noble is a New York-based company that sells books, magazines,
eBooks and NOOK® eBook reader devices.
The Firm's investigation concerns the Company's December 5, 2013,
disclosure to the Securities Exchange Commission ("SEC (News - Alert)") on Form 10-Q
that "[o]n October 16, 2013, the SEC's New York Regional office notified
the Company that it had commenced an investigation into: (1) the
Company's restatement of earnings announced on July 29, 2013; and (2) a
separate matter related to a former non-executive employee's allegation
that the Company improperly allocated certain Information Technology
expenses between its NOOK and Retail segments for purposes of segment
reporting." On this news, the price of the Company's stock fell almost
$2 per share, or 12%, when trading resumed on December 6, 2013.
If you currently own Barnes & Noble common stock and are interested in
discussing your rights as a shareholder, or have information relating to
this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll
free at (866) 974-8626 or email Mr. Shuman at firstname.lastname@example.org
or email Mr. Glenn at email@example.com.
The Shuman Law Firm represents investors throughout the nation,
concentrating its practice in stockholder litigation.
[ Back To Technology News's Homepage ]