Shareholders that Lost Money on First Northwest Bancorp (FNWB) Should Contact Levi & Korsinsky about Securities Fraud Investigation - FNWB
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Levi & Korsinsky has initiated an investigation into First Northwest Bancorp (FNWB) for potential securities fraud. FNWB disclosed that its Q2 2024 financial results are unreliable due to $6.6 million in charge-offs and increased consumer loan provisions.
November 12, 2024 | 9:00 pm
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First Northwest Bancorp is under investigation for potential securities fraud after announcing unreliable Q2 2024 financial results due to significant charge-offs and increased loan provisions.
The investigation into FNWB for potential securities fraud and the announcement of unreliable financial results are likely to negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100