Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Sunday, July 14, 2024 | Back issues
Courthouse News Service Courthouse News Service

Nike stock

PORTLAND — Nike investors say in a class action that the major athletic brand misrepresented the success of its new direct-to-consumers strategy, which actually caused a major decline in market value that resulted in significant losses for stockholders.

Read the complaint here.

Categories / Briefs, Business, Securities

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.