ATTENTION FNWB SHAREHOLDERS: Investors who lost money on First Northwest Bancorp are urged to contact Levi & Korsinsky about an ongoing investigation
Portfolio Pulse from
Levi & Korsinsky has initiated an investigation into First Northwest Bancorp (NASDAQ:FNWB) for potential violations of federal securities laws. This follows FNWB's announcement that its Q2 2024 financial results are unreliable due to $6.6 million in charge-offs and increased loan provisions.
November 07, 2024 | 9:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
First Northwest Bancorp is under investigation by Levi & Korsinsky for potential securities law violations after announcing unreliable Q2 2024 financial results due to $6.6 million in charge-offs and increased loan provisions.
The investigation into FNWB for potential securities law violations is likely to negatively impact its stock price in the short term. The announcement of unreliable financial results and significant charge-offs raises concerns about the company's financial health and management practices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100