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Lawsuit filed against Nordstrom over founding family's perks

Apr. 20, 2015 7:24 AM ETNordstrom, Inc. (JWN) StockJWNBy: Clark Schultz, SA News Editor1 Comment
  • Nordstrom (NYSE:JWN) faces accusations in a new lawsuit that millions of dollars have been diverted to the Nordstrom family through the use of jets and other perks.
  • The legal action has been filed on behalf of the company and its shareholders against the Nordstrom clan which holds roughly 25% of the stock in the department store chain.

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