NEW YORK, NY / ACCESSWIRE / November 24, 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.
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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 atlabaton.com.
David J. Schwartz
SOURCE: Labaton Sucharow LLP
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