INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Nordstrom Inc. Investors (JWN)
BENSALEM, Pa., May 22, 2019 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith 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.
On November 15, 2018, in connection with its third quarter 2018 financial results, the Company disclosed an estimated charge of $72 million resulting “from some delinquent Nordstrom credit card accounts being charged higher interest in error.”
On this news, shares of Nordstrom fell $8.06 per share, more than 13%, to close at $50.93 per share on November 16, 2018, thereby injuring investors.
If you purchased Nordstrom securities, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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