Macy’s, Inc. (NYSE: M)

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Macy’s, Inc. (the “Company”) (NYSE: M).

On November 25, 2024, the Company announced that it was delaying the release of its third-quarter 2024 earnings pending its forensic investigation into a single employee’s concealment of more than $130 million in expenses over the course of three years and expected to publish full results by December 11, 2024.

KSF’s investigation is focusing on whether Macy’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws. 

If you have information that would assist KSF in its investigation, or have been a long-term holder of Macy’s shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.