Lowey Dannenberg Is Investigating Walmart Inc. for Potential Breaches of Fiduciary Obligation by Its Board of Administrators

NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) — Lowey Dannenberg P.C., a preeminent legislation agency in acquiring redress for customers and traders, is investigating a possible breach of fiduciary obligation declare involving the board of administrators of Walmart Inc. (“Walmart” or the “Firm”) (NYSE: WMT).

Just lately, a grievance was filed by the Division of Justice in opposition to Walmart, alleging Walmart unlawfully allotted managed substances from pharmacies underneath its management. These alleged illegal actions got here on the top of and contributed to the nationwide opioid disaster.

In case you are a long-term shareholder of Walmart and want to take part, be taught extra, or talk about the problems surrounding the investigation, please contact our attorneys at (914) 733-7256 or through e-mail at [email protected]

About Lowey Dannenberg

Lowey Dannenberg is a nationwide agency representing institutional and particular person traders, who suffered monetary losses ensuing from company fraud and malfeasance in violation of federal securities and antitrust legal guidelines. The agency has important expertise in prosecuting multi-million-dollar lawsuits and has beforehand recovered billions of {dollars} on behalf of traders.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Electronic mail: [email protected]

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