NEW YORK, NY / ACCESSWIRE / November 29, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against Nordstrom, Inc. (NYSE:JWN).
On Tuesday, November 23, 2021, Nordstrom Inc. stock dropped more than 23% in extended trading after the retailer reported earnings that fell short of analysts' expectations as labor costs ate into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels.
If you currently own stock or options in Nordstrom, Inc. and suffered a loss, click here to participate.
If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at [email protected].
About the Firm
Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com.
CONTACT:
David J. Schwartz
(800) 321-0476
[email protected]
SOURCE: Labaton Sucharow LLP