Barnes & Noble faces investigation, annual report delayed over accounting concerns.

• Pomerantz LLP investigates claims against Barnes & Noble Education • Investigation concerns securities fraud and unlawful business practices • Annual report delayed due to investigation on digital sales accounting • Early findings indicate overstatement of accounts receivable by up to $23 million • Company expects to report at least one material weakness in financial reporting • Investors advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

NEW YORK, July 2, 2025 — Pomerantz LLP has initiated an investigation into claims on behalf of investors of Barnes & Noble Education, Inc. (NYSE: BNED). The firm is looking into whether Barnes & Noble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices [1].

The investigation stems from Barnes & Noble's disclosure to the U.S. Securities and Exchange Commission (SEC) on July 18, 2025, that its annual report for the fiscal year ended May 3, 2025, would be delayed due to an ongoing investigation into the recording of costs for digital sales. Early findings suggest that Barnes & Noble may have overstated accounts receivable by up to $23 million, and the company expects to report at least one material weakness tied to manual journal entries [1].

This revelation led to a significant drop in Barnes & Noble's stock price. On July 21, 2025, the company's shares fell by $2.36 per share, or 21.02%, closing at $8.87 per share [1].

Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, to discuss their potential involvement in the investigation [1].

References:
[1] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-barnes--noble-education-inc---bned-302516950.html