Law360, New York (May 22, 2015, 6:54 PM EDT) -- 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.
Though the lawsuit asserts, among other claims, that company board members breached their fiduciary duties by approving transactions that undershot the cost of the aviation-related services, President Blake Nordstrom shot back that the complaint itself belies such a brief in a motion to dismiss the lawsuit for failure to state a claim.
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