SEC probes Ryan Cohen's ownership, surprise sale of Bed Bath & Beyond shares - WSJ (updated)

Bed Bath & Beyond

07/09/2023 23:01

(Adds details from report in paragraph 2, disclosure in
paragraph 3)
       Sept 7 (Reuters) - The U.S. Securities and Exchange
Commission (SEC) is investigating billionaire Ryan Cohen's
ownership and surprise sale of Bed Bath & Beyond shares, the
Wall Street Journal reported on Thursday.
    The SEC has requested information from Cohen about his
trades and his communications with officers or directors at Bed
Bath & Beyond, the report said, citing people familiar with the
matter.
    Bed Bath & Beyond and the SEC did not immediately respond to
Reuters' requests for comment. 

 (Reporting by Granth Vanaik in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Granth.Vanaik@thomsonreuters.com; Twitter: https://twitter.com/Vanaik_Granth;))