May 01, 2018
A Ninth Circuit panel Tuesday refused to grant an appellant's request for voluntary dismissal in a shareholder derivative suit alleging that Nordstrom Inc. duped shareholders in connection with its namesake family's private-plane use, saying the parties haven't agreed on terms and noting that much time has already been spent on the case.
October 19, 2015
A federal judge in Seattle refused Friday to reconsider his decision to dismiss a shareholder derivative suit alleging that Nordstrom Inc. duped shareholders in connection with its namesake family's private-plane use, saying he didn't commit serious error.
September 24, 2015
A Washington federal judge on Thursday tossed a shareholder suit accusing Nordstrom Inc. of concealing the cost of operating a private airplane fleet for its namesake family, ruling the plaintiff lacked derivative standing to sue on behalf of the company.
July 14, 2015
Nordstrom Inc. reiterated Monday that a Washington federal judge should toss a shareholder's suit claiming the company concealed the cost of operating a private airplane fleet for its namesake family, arguing the company has been more than reimbursed by the family for market-rate services.
May 22, 2015
The Nordstrom family on Thursday urged a Washington federal judge to ground a lawsuit accusing Nordstrom Inc. of hiding the cost of operating a fleet of private airplanes for the family, arguing a robust cost-checking system was in place throughout the time period outlined in the complaint.
April 07, 2015
A Washington federal judge refused Tuesday to keep sealed portions of a lawsuit accusing Nordstrom Inc. of hiding the cost of operating a fleet of private airplanes for the Nordstrom family, rejecting the company's argument that the plaintiff had agreed before filing the lawsuit to keep the information under wraps.
March 25, 2015
Nordstrom Inc. is accused in a recent lawsuit of hiding from shareholders the cost of operating private jets to chauffeur members of the Nordstrom family to vacation spots around the country, litigation that could test the lengths to which public companies must go in disclosing costs of so-called related-party transactions, attorneys say.
March 13, 2015
Nordstrom Inc. was accused of hiding from company shareholders the costs of operating a fleet of private airplanes for members of the Nordstrom family, according to a lawsuit filed on Thursday in Washington federal court.