Public

Ryan Cohen, through his investment firm RC Ventures LLC, announced in SEC filing purchases of over one million January 2023 call options. 

On this news, Bed Bath & Beyond's stock rose by 24% on August 16, 2022.

While the actions themselves look legitimate, taking into account his Director and major shareholder roles, and subsequent actions later the same month, there is reason to believe that the original intentions were manipulative, which can be seen as a violation of the rights of other market participants.

Bed Bath & Beyond Inc

Attorney Investigation

Price manipulation

Insider Trading

Directors

Shareholder

Influencer

Stocks

Short

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. The company operates stores under the name Bed Bath & Beyond, buybuy BABY, Harmon, Harmon Face Values or Face Values. It also offers products through various Websites and applications comprising bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, and decorist.com. In addition, the company operates Decorist, an online interior design platform that provides personalized home design services. Bed Bath & Beyond Inc. was incorporated in 1971 and is headquartered in Union, New Jersey. On April 23, 2023, Bed Bath & Beyond Inc. along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of New Jersey.

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