Glancy Prongay & Murray LLP Announces Investigation on Behalf of Nordstrom Inc. Investors (JWN)
LOS ANGELES, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Nordstrom Inc. (“Nordstrom” or the “Company”) (NYSE: JWN ) investors concerning the Company and its officers’ possible violations of federal securities laws.
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The investigation concerns whether the Company issued materially misleading business information to the investing public. On November 15, 2018, the Company announced poor same store sales results, weakening sales growth, and that credit card holders charged incorrect interest amounts. On this news, shares of Nordstrom fell sharply in value on November 16, 2018, thereby injuring investors.
If you purchased Nordstrom stock, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9244, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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