Investors Take Action: Bath & Body Works Faces Class Action Lawsuit
Investors Take Action: Bath & Body Works Faces Class Action Lawsuit
Bath & Body Works, Inc. is currently embroiled in a significant legal battle as a class action lawsuit has been filed against the company due to alleged violations of securities laws. The DJS Law Group, which is representing shareholders in the case, has alerted investors regarding these legal proceedings, encouraging affected parties to come forward and explore their rights.
Class Action Details
The class action lawsuit revolves around accusations that Bath & Body Works made misleading statements that influenced the stock market. Specifically, the lawsuit cites potential violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, which prohibits deceptive practices in connection to the purchase or sale of securities. The class period outlined in the lawsuit spans from June 4, 2024, to November 19, 2025, with a deadline for filing claims set for March 16, 2026.
According to the complaint, Bath & Body Works’ business strategy, which included various