Bed Bath & Beyond executive jumped to his death from high-rise apartment balcony, law enforcement so

[underpants]

Bed Bath & Beyond executive jumped to his death from high-rise apartment balcony, law enforcement source tells CNN

Wow. How sad. Seriously just horrible.



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. A law enforcement source told CNN Arnal is the chief financial officer of Bed Bath & Beyond. They said he died after jumping from the 18th floor balcony of his high-rise apartment.

The NYPD said in a statement Sunday that Arnal, 52, was found unconscious and unresponsive outside his luxury 57-story skyscraper in the neighborhood of Tribeca around 12:30 p.m. Friday. Police said the man "appeared to suffer from injuries indicative from a fall from an elevated position." EMS responded and pronounced the man dead, police said.

The law enforcement source told CNN Sunday that Arnal's wife witnessed him jump. The source said while no suicide note was found, no criminality is suspected.

The NYPD said the New York City Medical Examiner's Office will determine the cause of death and the investigation remains ongoing. CNN has reached out to the medical examiner's office but did not receive an immediate response.


https://www.cnn.com/2022/09/04/business/cfo-bed-bath-beyond-jumps-off-nyc-tower/index.html

[Thomas Hurt]

1. BBB has been struggling for some time. That might have been part of this tragedy.

[underpants]

3. Yeah. Sadly. There's a lawsuit too

CNN reported this week that Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of bankruptcy by shrinking. 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. The company also said it secured more than $500 million in financing to shore up its ailing financial straits.

Arnal was named as a defendant in a class action lawsuit accusing him, Ryan Cohen and other large shareholders of engaging in a "pump and dump" scheme to artificially inflate the price of the company's stock.
The lawsuit was filed on August 23 in United States District Court for the District of Columbia.
The lawsuit claims that Arnal and others made misleading statements and omissions when communicating to investors regarding BBBY's strategic plans and financial condition, and delayed disclosures about holding and selling their own shares

[leftyladyfrommo]

2. There was a whole bunch of money involved. nt

[Lovie777]

4. Something ain't right .......

[magicarpet]

5. It sounds like rather than face the music of,...

... his alleged white collar criminality he decided to take a swan dive from 18 stories up at his ultra luxury condo to the cement sidewalk below.

His estate will likely be responsible to sort out the mess of pending litigation.

[Walleye]

6. He also managed to punish his wife by doing it in front of her

He was probably just out of his mind anyway