Barnes & Noble, Inc. (NYSE:BKS) Investor Investigation over potential Wrongdoing

An investigation on behalf of current long-term investors in shares of Barnes & Noble, Inc. (NYSE:BKS) was announced over potential breaches of fiduciary duties by certain officers and directors at Barnes & Noble, Inc.

Investors who purchased shares of Barnes & Noble, Inc. (NYSE:BKS) in December 2013 or earlier and currently hold any of those NYSE:BKS shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm concerns whether certain Barnes & Noble directors breached their fiduciary duties and caused damage to the company and its shareholders.

Barnes & Noble, Inc. reported that its Total Revenue declined from over $4.29 billion for the 52 weeks period that ended on May 2, 2015 to over $4.16 billion for the 52 weeks period that ended on April 30, 2016 and that its Net Income of $36.60 million for the 52 weeks period that ended on May 2, 2015 declined to a Net Loss of $24.45 million for the 52 weeks period that ended on April 30, 2016.

Shares of Barnes & Noble, Inc. (NYSE:BKS) declined from $28.66 per share in July 2015 to as low as $8.20 per share in early 2016.

On March 13, 2017 NYSE:BKS shares closed at $8.80 per share.

Those who purchased shares of Barnes & Noble, Inc. (NYSE:BKS), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com