Business

Under Armour agreed to pay $434 million to settle a securities fraud class-action lawsuit.

SOURCES
Mastodon5
  • @thenewsdesk@flipboard.com
    Under Armour to pay $434 million to settle lawsuit over sales disclosures Posted into Top Stories in Business @top-stories-in-business-thenewsdesk
  • @FlipboardUK@flipboard.com
    Under Armour to pay $434 million to settle lawsuit over sales disclosures Posted into Business (UK Edition) @business-uk-edition-FlipboardUK
  • @bbcnewsfeed@mastodonapp.uk
    Councils pension fund settles Under Armour legal claim The sportswear film has settled a lawsuit led by council workers from the north-east of #Scotland for $434m. (c) #BBC#News
  • @BBCNews@press.coop
    Councils pension fund settles Under Armour legal claim The sportswear film has settled a lawsuit led by council workers from the north-east of Scotland for $434m. #press
  • @theubj@mastodon.social
    Under Armour Settles 7-Year-Old Shareholder Lawsuit for $434 Million Under Armour's agreement to pay $434 million to settle a securities fraud class-action lawsuit represents a significant development stemming from allegations dating back to a pivotal period in the company's history. The lawsuit, filed in U.S. District Court in Baltimore in 2017, accused Under Armour and key executives of misleading shareholders about the company's financial health and growth prospects…