#United States #New York #Class Action #Rosen Law Firm #Macy's

Investigation into Macy's, Inc. Securities Claims

The Rosen Law Firm, a well-known global investor rights law firm, has recently announced the initiation of an investigation regarding potential securities claims for shareholders of Macy's, Inc. (NYSE: M). This investigation has arisen following serious allegations that the retail giant may have transmitted misleading business information to its investors.

What Led to the Investigation?

On November 25, 2024, a significant news report published by The New York Times revealed that an employee at Macy’s had allegedly concealed up to $154 million in delivery expenses over several years. This startling revelation prompted the company to postpone the release of an important earnings report that typically serves as a key indicator of holiday shopping strength for Wall Street analysts. Following this news, the stock price of Macy's took a hit, falling by 2.2% in the market.

Implications for Investors

For investors who purchased securities of Macy's, this might open avenues for compensation without incurring any out-of-pocket expenses, as the Rosen Law Firm operates on a contingency fee basis. If you find yourself affected by these recent developments and the decline in stock value, now is a critical time to consider your options. The firm is currently preparing a class action suit to help recover investor losses.

Steps to Participate

Interested investors can take action by visiting Rosen Law Firm's website or contacting Phillip Kim, Esq., who can be reached toll-free at 866-767-3653. For any inquiries or further details about the proceedings, you can also reach out via email at [email protected]

Why Choose Rosen Law Firm?

The Rosen Law Firm encourages investors to select a law firm that possesses a proven track record in handling securities class actions. The firm emphasizes the importance of choosing legal counsel that not only has the capability and resources but also the experience to competently navigate such complex legal matters. Notably, Rosen Law Firm has achieved landmark settlements in the past and ranks prominently according to ISS Securities Class Action Services based on the number of settlements reached in this domain.

Since its inception, the Rosen Law Firm has represented investors from various parts of the globe and has garnered a reputation for its competence in securities-related litigation. Just to highlight, the firm secured over $438 million in settlements for its clients in 2019 alone.

Follow for Updates

Investors and stakeholders interested in the progress of this investigation can follow the Rosen Law Firm on social media for ongoing updates. You can connect through LinkedIn, Twitter, or Facebook to stay informed.

Conclusion

If you are an investor affected by the changes in Macy's stock due to the recent allegations, consider reaching out to the Rosen Law Firm to explore potential legal actions. Remember, the outcome of any legal proceedings cannot be guaranteed, but having competent legal representation can significantly increase your chances of recovery.

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: [email protected]
Website: www.rosenlegal.com