Barnes & Noble, Inc. Board of Directors Hit By Shareholder Investigations

An analysis on account of accepted investors of Barnes & Noble, Inc. (Public, NYSE:BKS), who purchased their shares afore August 10, 2009, over abeyant breaches of fiduciary assignment and added violations of accompaniment law by the axle of admiral of Barnes & Noble was announced.

Those who currently authority shares of Barnes & Noble, Inc. (Public, NYSE:BKS) and purchased those shares afore August 10, 2009, accept assertive options and should acquaintance the Shareholders Foundation, Inc at Email: mail(at)shareholdersfoundation.com or alarm us at: +1 (858) 779 - 1554. The analysis by a law close focuses on abeyant breaches of fiduciary assignment and added accompaniment law violations by the Board of Directors of Barnes & Noble, Inc. [NYSE:BKS] arising out of the proposed accretion of Barnes & Noble College Booksellers.

Barnes & Noble, Inc. (NYSE: BKS) appear on Monday, August 10, 2009 a absolute acceding to access abreast captivated Barnes & Noble College Booksellers, Inc. in a transaction admired at $596 million, or about $460 actor net of College’s banknote on duke on the accepted closing date. Barnes & Noble College Booksellers is endemic by Barnes & Noble Chairman Leonard Riggio. The law close “is investigating if the aggregation is overpaying for Barnes & Noble College Booksellers due to that relationship, appropriately unlawfully harming Barnes & Noble shareholders.” Barnes & Noble, Inc, amid in New York, NY , is a bookseller. Barnes & Noble’s arch business is the auction of barter books, mass-market paperbacks, children's books, arrangement books, magazines, gift, bistro articles and services, music and movies absolute to customers. As of January 31, 2009, Barnes & Noble operated 778 bookstores and a Website. Barnes & Noble appear in 2007 (ending on February 02, 2008) Total Revenue of $5.28667billion with a Net Income of $135.91million and in 2008 (ending on January 31, 2009) Total Revenue of $5.1218billion with a Net Income of $75.92million. Shares of Barnes & Noble, Inc. (NYSE: BKS) traded afresh at $20.87 per share, down from a 52weekHigh of $33.64 per allotment and about $43 per allotment in 2007.