Investment Firm JAT Capital Criticizes Bed Bath & Beyond Board for Poor Behavior and Lack of Transparency

Investment firm JAT Capital sends a scathing letter to the board of Bed Bath & Beyond, accusing them of poor behavior, lack of transparency, and twisting the facts about former CEO Jonathan Johnson's ouster. JAT, which holds a 9.6% stake in the company, expresses frustration with the board's refusal to answer shareholders' questions and their suspicious behavior towards Marcus Lemonis, the Camping World CEO and TV personality. The firm calls for Lemonis to take over management and demands the board address the concerns raised in the letter.