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Under Armour to pay $434 million to settle lawsuit over sales disclosures
Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in order to meet Wall Street forecasts.
Under Armour will pay $434 million to settle 7-year-old shareholder lawsuit
Under Armour will pay $434 million to settle a lawsuit in which shareholders in 2017 said they suffered significant losses as a result of false and misleading statements about the company’s
Under Armour to settle class action lawsuit for $434m
"Under Armour to settle class action lawsuit for $434m " was originally created and published by Retail Insight Network, a GlobalData owned brand.
Under Armour to pay $434 million to settle 2017 lawsuit
Under Armour said on Friday it would settle a 2017 shareholder class action lawsuit that accused the apparel maker and CEO Kevin Plank of intentionally misleading them about the company's financial health.
Under Armour Reaches $434 Million Settlement in Shareholder Lawsuit
Under Armour Inc. agreed to pay $434 million to settle a 2017 lawsuit into claims that the company defrauded shareholders about its revenue growth in order to meet Wall Street forecasts.
Under Armour settles 434 million dollar lawsuit
Under Armour has agreed to a 434 million dollar settlement for a 2017 lawsuit initiated on claims that the sportswear manufacturer had not been honest with
Under Armour to Pay $434M to Settle Lawsuit Over Sales Disclosures
Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in order to meet Wall Street forecasts.
Under Armour reaches $434 million settlement to end shareholder lawsuit claims
The settlement comes ahead of a jury trial scheduled to take place in the U.S. District Court for Maryland on July 15. The settlement must be approved by U.S. District Judge Richard D. Bennett.
Retail Dive
3d
Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank misled investors
Under
Armour
is looking
to settle
a seven-year-old
lawsuit
that targeted the company’s accounting practices and accused the company’s executives of making “false and misleading statements” ...
Drapers
2d
Under Armour settles $434m lawsuit
The
lawsuit
accused
Under
Armour
and its CEO, Kevin Plank, of misinforming shareholders about the company’s financial ...
Retail Gazette
3d
Under Armour agrees to £343m settlement in shareholder lawsuit
Under
Armour
is to pay out $434m (£343m) to resolve a
2017
class action
lawsuit
that alleged the sportswear giant ...
6d
UNDER ARMOUR ANNOUNCES AGREEMENT TO SETTLE CLASS ACTION LITIGATION
Under Armour, Inc. (NYSE: UA, UAA) today announced that it has entered into an agreement in principle to resolve the ...
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