M Investors Have Opportunity to Join Macy’s, Inc. Securities Fraud Investigation with the …
Investors who have shares in Macy’s, Inc. (NYSE: M) can now be a part of an investigation into potential securities fraud with the Schall Law Firm. This firm, known for its work in protecting shareholder rights, is looking into claims related to Macy’s and violations of securities laws.
The investigation is focused on determining whether Macy’s may have issued false or misleading statements to investors. This inquiry comes in response to a recent Associated Press article from November 25, 2024, which reported that Macy’s had identified an issue with delivery expenses in one of its accounting accounts. The investigation revealed that a single employee made inaccurate accounting entries to hide sizable expenses, totaling between $132 million to $154 million, over multiple fiscal quarters.
If you are a shareholder who has experienced losses due to this situation, you have the opportunity to participate in the investigation. The Schall Law Firm is open to discussing your rights free of charge. You can contact Brian Schall at the firm’s Los Angeles office to learn more about how to get involved.
The Schall Law Firm has a global presence, specializing in securities class action lawsuits and shareholder rights litigation. They are dedicated to representing investors and protecting their interests.
For more information or to reach out to the Schall Law Firm, visit their website at www.schallfirm.com or reach them via email at [email protected].
Investors have the opportunity to take action and be part of the investigation into Macy’s securities fraud with the Schall Law Firm.
