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Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Under Armour Settlement

Sportswear giant Under Armour will pay $9 million to settle Securities and Exchange Commission charges that, beginning in 2015, it misled investors as to the bases of its revenue growth and failed to disclose known uncertainties concerning its future revenue prospects.

WASHINGTON — Sportswear giant Under Armour will pay $9 million to settle Securities and Exchange Commission charges that, beginning in 2015, it misled investors as to the bases of its revenue growth and failed to disclose known uncertainties concerning its future revenue prospects.

Categories / Business, Government, Securities

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