ATTENTION FNWB SHAREHOLDERS: Investors who lost money on First Northwest Bancorp are urged to contact Levi & Korsinsky about an ongoing investigation
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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 consumer loan provisions.
November 11, 2024 | 12:45 pm
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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 by Levi & Korsinsky into FNWB for potential securities law violations is likely to negatively impact the stock price in the short term. The announcement of unreliable financial results, including significant charge-offs and increased loan provisions, raises concerns about the company's financial health and management practices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100