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SHAREHOLDER ALERT: Lowey Dannenberg Is Investigating Walmart Inc. for Potential Breaches of Fiduciary Duty by Its Board of Directors

Lowey Dannenberg, P.C.
·1-min read

NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating a potential breach of fiduciary duty claim involving the board of directors of Walmart Inc. (“Walmart” or the “Company”) (NYSE: WMT).

Recently, a complaint was filed by the Department of Justice against Walmart, alleging Walmart unlawfully dispensed controlled substances from pharmacies under its control. These alleged unlawful actions came at the height of and contributed to the nationwide opioid crisis.

If you are a long-term shareholder of Walmart and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact Andrea Farah at afarah@lowey.com or by calling 914-733-7256.

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: investigations@lowey.com