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Macy’s, Inc. Announcement: If You Have Suffered Losses in Macy’s, Inc. (NYSE: M), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, is looking into potential securities claims for shareholders of Macy’s, Inc. (NYSE: M). There are allegations that Macy’s may have provided misleading business information to investors.
If you bought Macy’s stock, you might be eligible for compensation without having to pay any upfront fees or costs through a contingency fee arrangement. The Rosen Law Firm is getting ready to file a class action to help investors recover their losses.
If you’re interested in joining the potential class action, you can visit https://rosenlegal.com/submit-form/?case_id=31645 or reach out to Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] for more information.
Here’s what’s happening: On November 25, 2024, The New York Times reported that an employee at Macy’s intentionally hid up to $154 million in delivery expenses over several years. This revelation prompted Macy’s to delay its earnings report, affecting how Wall Street evaluates holiday shopping performance. As a result, on November 25, 2024, Macy’s, Inc. stock price dropped by 2.2%.
Rosen Law Firm has a successful track record in securities class actions and shareholder derivative litigation. The firm has recovered hundreds of millions of dollars for investors, and in 2019 alone secured over $438 million. Laurence Rosen, a founding partner, was even named as a Titan of Plaintiffs’ Bar by law360 in 2020.
For updates and more information, you can follow Rosen Law Firm on LinkedIn, Twitter, or Facebook. Remember that past results do not guarantee future outcomes, so it’s crucial to have skilled legal representation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
