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Investigation announced for Investors in shares of Nordstrom, Inc. (NYSE: JWN)

08-14-2019 08:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Nordstrom, Inc. (NYSE: JWN) shares over potential securities laws violations by Nordstrom, Inc.

An investigation for investors in Nordstrom, Inc. (NYSE: JWN) shares over potential securities laws violations by Nordstrom, Inc.

An investigation was announced on behalf of investors of Nordstrom, Inc. (NYSE: JWN) shares over potential securities laws violations by Nordstrom, Inc.

Investors who purchased shares of Nordstrom, Inc. (NYSE: JWN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Nordstrom, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Seattle, WA based Nordstrom, Inc. reported that its Total Revenue rose from over $15.47 billion for the 12 months period that ended on February 3, 2018 to $15.86 billion for the 12 months period that ended on February 2, 2019 and that its Net Income rose over those respective time periods from $437 million to $564 million.

Shares of Nordstrom, Inc. (NYSE: JWN) declined from $67.70 per share in October 2018 to as low as $25.58 per share on August 14, 2019.

Those who purchased shares of Nordstrom, Inc. (NYSE: JWN) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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