JWN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Nordstrom, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nordstrom, Inc. (NYSE: JWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share is fair to Nordstrom shareholders.

Halper Sadeh encourages Nordstrom shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Nordstrom and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Nordstrom shareholders; (2) determine whether the Nordstrom Family and Liverpool are underpaying for Nordstrom; and (3) disclose all material information necessary for Nordstrom shareholders to adequately assess and value the merger consideration.

On behalf of Nordstrom shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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