Gustavo Arnal

Bed Bath & Beyond Chief Financial Officer Gustavo Arnal died on Friday, the company and police confirmed. The 52-year-old executive was found "unconscious ...

23 in the United States District Court for the District of Columbia, the suit alleged Arnal made misleading statements when discussing the company, per CNN and [Reuters](https://www.reuters.com/business/bed-bath-beyond-cfo-plunges-death-new-yorks-jenga-tower-reports-2022-09-04/). [CNN](https://www.cnn.com/2022/09/04/business/cfo-bed-bath-beyond-jumps-off-nyc-tower/index.html) reported. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him." The building gained the nickname due to a stacked appearance that resembles the popular game. "Gustavo will be remembered by all he worked with for his leadership, talent, and stewardship of our Company. He was pronounced dead at the scene by emergency personnel.

Embattled Bed Bath & Beyond is moving quickly to shore up its executive ranks after the sudden death of CFO Gustavo Arna, who jumped to his death from his ...

“The company is in crisis,” bankruptcy attorney Eric Snyder of Wilk Auslander told The Post on Monday. Separately, Arnal was named in an Aug. The 52-year-old executive recently announced the company secured a $500 financing deal to help it restructure while addressing declining sales.

Gustavo Arnal was facing a shareholder lawsuit accusing him and others of insider trading after the "meme stock" tanked.

"Bed, Bath & Beyond "finds itself in an unenviable position as it faces steep market share losses, an overabundance of inventory and dwindling cash reserves," they wrote. Even before the shareholder suit, Wall Street's view of Bed, Bath & Beyond had turned sour. The complaint also claims that Cohen lied when he re-stated his ownership of the company and alleged that he had started selling his stock at that point. Cohen and Arnal "engaged in illegal insider trading and fraudulent SEC reporting," the suit claims. Arnal is also named as a defendant in a securities lawsuit that accuses him, his employer and billionaire entrepreneur Ryan Cohen of a pump-and-dump scheme to inflate Bed, Bath & Beyond stock. Cohen is credited with engineering a turnaround at GameStop, and his ownership was seen by some retail investors as a positive signal for Bed, Bath & Beyond. It is still searching for a new CEO and chief marketing officer. Bed, Bath & Beyond did not respond to a request for comment. The stock surged again in March when Cohen, the founder of online pet products company Chewy.com, revealed a nearly 10% stake in the company. "Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company. Arnal also sold 55,000 shares of Bed, Bath & Beyond on August 16, although his disclosure states that the plan to sell started in April. [claims](https://storage.courtlistener.com/recap/gov.uscourts.dcd.246608/gov.uscourts.dcd.246608.2.0.pdf) that Cohen, Arnal, JPMorgan and others "engaged in a fraudulent scheme to artificially inflate the price of BBBY publicly traded stock" and "blatantly misrepresented the value and profitability of BBBY" to entice retail investors to buy shares.

Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. Board of Directors, said CFO Gustavo Arnal will be remembered "for his leadership, ...

Arnal was instrumental in guiding the organization throughout the coronavirus pandemic, transforming the Company's financial foundation and building a strong and talented team," the company's release said. "I wish to extend our sincerest condolences to Gustavo's family," Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. Board of Directors said in the release. Please join us in respecting the family's privacy." The office said the man "appeared to suffer from injuries indicative from a fall from an elevated position." [NBC News](https://www.nbcnews.com/news/us-news/bed-bath-cfo-falls-death-days-company-announces-massive-closures-layof-rcna46241) police found an "unconscious and unresponsive 52-year-old man" in downtown Manhattan after responding to a 911 call at around 12:30 p.m.

Gustavo Arnal, the chief financial officer of retail chain Bed Bath & Beyond, has died, the company confirmed on Sunday.

On Wednesday, the company said it would shutter stores and lay off workers in a bid to turn around its beleaguered business. He was pronounced dead in the scene and the New York City Medical Examiner’s Office will determine the cause of death. According to the New York City Police Department, police found the 52-year-old unconscious with injuries showing he fell from a building in Manhattan.

The chief financial officer and executive vice president of Bed, Bath & Beyond was named in a huge lawsuit before he jumped to his death from a Manhattan ...

He will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him. The home goods retailer based in Union, New Jersey said it will also slash its workforce by 20%. Call the National Suicide Prevention Lifeline at Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company," said Harriet Edelman, Independent Chair of the Bed Bath & Beyond Inc. [Sign up for FOX 5 email newsletters](https://www.fox5ny.com/newsletters) They found the body of 52-year-old Gustavo Arnal near the so-called Jenga building with injuries "indicative from a fall from an elevated position."

The death of Chief Financial Officer of Bed Bath & Beyond Gustavo Arnal comes days after the company laid off 20% of its entire staff, and the stocks fell ...

Gustav Arnal joined the company in 2020 amid the pandemic. The statement further said that he was also a revered colleague in the economic circle. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). What led Gustavo Arnal to suicide?The executive plunges to death after jumping from a luxury skyscraper in downtown Manhattan where he lived. The police told a news channel that he appeared to suffer serious injuries suggesting a fall from an elevated position. The company's stocks also fell 21 percent the last Wednesday, apart from a 65% fall in 2021. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. The company, as well as the police, confirmed the same in a statement. The company operates in the US, It was reported that the company would sell its buy the business after a 26 percent slump forecast in the second quarter, but later said it would retain the business. The sudden death news shocked the company as Gustavo Arnal was just 52. The death of Gustavo Arnal comes days after the company announced to shut down 150 out of its 700 namesake stores and lay off 20 percent of its total staff, which stood at around 32,000.

Arnal died in what looked to be a suicide, according to the New York Police Department. He was found near his residence, 56 Leonard Street, a skyscraper known ...

In August, Bed Bath & Beyond disclosed in a regulatory filing that Arnal and the retailer were being sued by certain shareholders. Arnal joined Bed Bath & Beyond as its chief financial officer in May 2020 as part of an executive shake-up led by the then-CEO, Mark Tritton, who left in June. Arnal died in what looked to be a suicide, according to the New York Police Department.

On Friday, September 2, 2022, Gustavo Arnal, the chief financial officer of Bed Bath & Beyond jumped to his death from the 18th floor of 56 Leonard Street, ...

On Wednesday, a restructuring was announced by the company, which included closing down of around 150 stores across the country, layoffs and a possible stock offering. He was also the executive vice president for the home goods retailer Bed Bath & Beyond. "Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our company.

Gustavo Arnal is the chief financial officer of Bed Bath & Beyond. He died after reportedly jumping from the 18th floor balcony of his apartment.

He was also an esteemed colleague in the financial community." The statement said Arnal joined Bed Bath & Beyond Inc. The chain said Wednesday that it will lay off approximately 20% of corporate employees, close around 150 stores and slash several of its in-house home goods brands. Police said the man "appeared to suffer from injuries indicative from a fall from an elevated position." Please join us in respecting the family's privacy." NEW YORK -- A man who jumped to his death from a high-rise apartment in Manhattan has been identified by the New York City Police Department as Gustavo Arnal.

Amid financial repositioning, Bed, Bath & late CFO's Gustavo Arnal death comes as "shock."

The retailer is also on the hunt for a permanent chief executive officer to turn around its financial positioning. Though the NYPD did not offer specific details around Arnal’s death, Bed Bath & Beyond confirmed his death Sunday in a statement. Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our company.

Bed Bath & Beyond's chief financial officer who fell to his death Friday in New York City had been accused of orchestrating a "pump and dump" scheme to ...

[Bed Bath & Beyond](/topics/bed-bath-beyond/)’s stock value, dropping it from a high of $30 a share down to $8.78 a share on Aug. [Cohen](/topics/cohen/) sold [his](/topics/cohen/) entire 10% stake in the company around that same time. Arnal had sold more than 42,000 shares in [Bed Bath & Beyond](/topics/bed-bath-beyond/) for about $1 million in mid-August. He filed the lawsuit on behalf of all those who purchased [Bed Bath & Beyond](/topics/bed-bath-beyond/) stocks between March 25 and Aug. [Cohen](/topics/cohen/), are listed as defendants in the lawsuit that claims the two collaborated in a “fraudulent scheme to artificially inflate the price of [Bed Bath & Beyond](/topics/bed-bath-beyond/)‘s publicly traded stock,” [according to](https://www.dailymail.co.uk/news/article-11180505/Gustavo-Arnals-death-leaves-billionaire-investor-answer-pump-dump-scheme.html) court documents [cited](https://news.yahoo.com/bed-bath-beyond-cfo-died-173825682.html) by multiple outlets.