Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Macy's, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Allegations - The investigation is prompted by an article from The New York Times stating that an employee at Macy's hid up to $154 million in delivery expenses, which led to a delay in the company's earnings report [3]. - Following the news of the hidden expenses, Macy's stock price fell by 2.2% on November 25, 2024 [3]. Group 2: Class Action Details - Shareholders who purchased Macy's securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
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