Under Armour has agreed in principle to settle a securities class action lawsuit for $434 million, covering claims from shareholders between September 2015 and November 2019.
The settlement, including governance changes, is not an admission of wrongdoing.
The payment will be sourced from cash reserves and credit facilities, pending court approval.Under Armour has agreed in principle to settle a securities class action lawsuit for $434 million, covering claims from shareholders between September 2015 and November 2019.
The settlement, including governance changes, is not an admission of wrongdoing.
The payment will be sourced from cash reserves and credit facilities, pending court approval.
American giant Under Armour reaches settlement in class action lawsuit
