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Investigation announced for Investors in shares of Nordstrom, Inc. (NYSE: JWN) over possible Violations of Securities Laws

03-15-2023 05:08 AM 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 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.

The investigation by a law firm concerns whether certain Nordstrom directors breached their fiduciary duties and caused damage to the company and its shareholders.

Seattle, WA based Nordstrom, Inc. reported that its Total Revenue rose from over $14.78 billion for the 12 months period that ended on January 31, 2022, to over $15.53 billion for the 12 months period that ended on January 31, 2023 and that its Net Income over those respective time periods increased from $178 million to $245 million.

Shares of Nordstrom, Inc. (NYSE: JWN) declined from $27.15 per share on February 03, 2023, to as low as $16.48 per share on March 14, 2023.

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

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 lawsuits, 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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