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EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties By Management of Best Buy Co., Inc. – BBY

January 21, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Jan 21, 2020--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of Best Buy Co., Inc. (NYSE: BBY) resulting from allegations that management may have issued materially misleading business information to the investing public.

On January 17, 2020, the Wall Street Journal reported that Best Buy’s board is investigating allegations that Best Buy’s Chief Executive Officer, Corie Barry, had an inappropriate relationship with a former executive for years.

The firm’s investigation concerns whether Best Buy’s board of directors breached its fiduciary duties to shareholders, grossly mismanaged Best Buy, and/or committed abuses of control as a result of the foregoing.

If you currently own shares of Best Buy, please visit the firm’s website at https://www.rosenlegal.com/cases-register-1759.htmlf or more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200121005927/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Rosen Law Firm

Copyright Business Wire 2020.

PUB: 01/21/2020 12:48 PM/DISC: 01/21/2020 12:48 PM

http://www.businesswire.com/news/home/20200121005927/en