An investigation was announced for investors in NYSE:JWN shares concerning possible breaches of fiduciary duties by certain officers and directors at Nordstrom, Inc..

Investors who purchased shares of Nordstrom, Inc. (NYSE:JWN) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

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

Nordstrom, Inc. reported that its Total Revenue rose from over $14.43 billion for the 52 weeks period that ended on January 30, 2016 to over $14.75 billion for the 52 weeks period that ended on January 28, 2017 and that its Net Income for those respective time periods declined from $600.00 million to $354 million.

Shares of Nordstrom, Inc. (NYSE:JWN) declined from $61.49 per share in late 2016 to as low as $41.18 per share in March 2017.

On April 26, 2017, NYSE:JWN shares closed at $47.68 per share.

Those who purchased NYSE:JWN shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

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